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Robert Klausner Spearheads Two NJ Real Estate Transactions Honored at NAIOP Deal of the Year Awards

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Fox Rothschild LLP congratulates Robert A. Klausner, whose commercial real estate clients, Prism Capital Partners and Lincoln Equities Group, were honored with prestigious Deal of the Year awards at NAIOP New Jersey's 34th Annual Gala on October 7, 2021. 

Klausner, who was lead attorney in both transactions, now has a career total of 11 “Deal of the Year" awards from NAIOP (the Commercial Real Estate Development Association) in which he served as lead lawyer for the developers.

This year, Prism Capital Partners won NAIOP's Office Deal of the Year Award for its 340,000-square-foot lease with Eisai Inc. for its HQ at Prism's ON3 campus in Nutley, New Jersey. The blockbuster transaction – executed during a global pandemic – marked New Jersey's largest 2020 office lease. The deal situates Eisai in the flagship LEED Gold office tower at ON3 and brought the multi-use campus's 1.45 million square feet of existing office and R&D/lab product to 100% occupancy.

Also this year, Lincoln Equities Group won NAIOP's first-ever Judges' Transformation Award for its 886,256-square-foot lease with shipping giant UPS for a regional hub and package distribution center in Bayonne, New Jersey. UPS becomes the anchor tenant at the new industrial park, Lincoln Logistics Bayonne, set on a 153-acre site just eight miles from New York's Holland Tunnel.

Fox Rothschild attorney Julius J. Suarez was instrumental in both of this year’s honored transactions.


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