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PROFESSIONAL EXPERIENCE:

A 33-year veteran of commercial real estate, Ben Shapiro joined CBRE in April 2012. Ben’s area of focus is Middlesex, Somerset and Mercer Counties. Throughout his career, he has completed transactions with such companies as Vonage, General Electric, Carter Wallace, Marriott Corporation, MedPointe Healthcare Inc., Akzo Nobel Corporation, Johnson Controls, Lehman Brothers, K. Hovnanian Companies and United Stationers Supply Company. Ben completed a 350,000 square-foot headquarters office lease for Vonage. Vonage is the leading provider of Voice Over the Internet (VOIP) communications services in the world. Additionally, he completed a 575,000 square foot regional distribution facility for United Stationers Supply Company, which is the leading office supply distributor in the United States and a 417,000 square foot long-term lease with MAP International. MAP is a leading manufacturer of computer cabinetry. Ben recently represented MedPointe in their sale of 200 acres of residential land to the K. Hovnanian Companies. He was one of two Grubb & Ellis professionals who led a team of six people in the liquidation of the leasehold assets of the Rickels Home Center chain. The portfolio consisted of 51 separate leaseholds throughout New York, New Jersey, Pennsylvania and Delaware. These assets were comprised of 2.7 million square feet of retail space and an 800,000 square foot corporate headquarters distribution facility. The team was successful in procuring a contract of sale for the bulk of the portfolio with Staples within 75 days of Grubb & Ellis being given the assignment. Ben completed one of the largest investment sale transactions in New Jersey history, selling a 2.3 million square foot industrial complex for the Curtiss-Wright Corporation in Wood-Ridge, New Jersey.