Thomas F. Monahan
Vice Chairman
Advisory & Transaction Services
Saddle Brook
250 Pehle Avenue
Suite 600
Saddle Brook, NJ 07663
Suite 600
Saddle Brook, NJ 07663
Professional Experience
A respected leader in commercial real estate, Thomas Monahan is Vice Chairman at CBRE, a first in New Jersey to hold this prestigious title. Tom has consistently been a top overall industrial producer and among the top 1% of all CBRE industrial brokers in the country. In 2017, Tom was honored as the Top Industrial Producer in the Americas.
Tom has built his practice — and his reputation — on the belief that the best way to service his clients is to eliminate unnecessary layers and deliver personalized, expert management of complex transactions. Along with two senior vice presidents and a best-in-class finance and marketing team, Tom personally oversees all aspects of marketing, site selection, leasing, and sale of marquee properties throughout the New Jersey metro area.
Along with his team of seasoned experts, Tom’s wealth of knowledge in managing the real estate lifecycle truly sets his team apart. From land sale and development, to lease and building sale, Tom guides landlords, tenants, and investors through the process, providing the astute market insight and decision-driving strategy his clients have come to rely on. His team publishes a quarterly market report that is a comprehensive overview of trends and market-driven data points that tell a story, which is used extensively by investment sale and underwriting teams across the industry.
The recipient of numerous awards for performance, the walls of Tom’s office are surprisingly free of personal memorabilia. Tom believes that in this business, one is only as good as their next transaction, and he chooses to let the numbers speak for themselves. Tom has been recognized year after year by the Society of Industrial and Office Realtors (SIOR) — the industry’s leading consortium of industrial and office real estate professionals — as the region’s top industrial sale broker, with the largest industrial sale, the largest cooperative transaction in NJ, and the largest land deal.
What clients can expect from the Monahan team is a high-velocity approach and customized strategy evident from the initial point of contact. From the beginning stages of property branding, to deal closing, Tom services a blue-chip client list that includes Prologis, Barnes & Noble, Hampshire Companies, PepsiCo, Seagis Property Group, Trac Intermodal, The Bristol Group, Leggett & Platt, W.W. Grainger, The Morris Companies, and J.B. Hunt, among many others.
Tom was one of a select group of real estate specialists worldwide who held the dual designation of CCIM and SIOR, and he was a 20 year member of the New Jersey chapter of SIOR. He has served as the organization’s past chapter admissions chair, treasurer, and vice president. Additionally, Tom was the founding secretary for the NJ chapter of CCIM.
Tom earned his Bachelor of Science in Business Management from Seton Hall University and completed his Commercial Investment Management (CCIM) certification from New York University.
Significant Assignments
Lease Transactions Past 3 Years
Client | Location | SF |
Prologis/Fedway |
Elizabeth, NJ | 539,170 |
Hampshire/Continental Terminals | Carteret, NJ | 406,437 |
Prologis/Hello Fresh | Newark, NJ | 352,100 |
Prologis/Pratt Corrugated Holding | South Brunswick, NJ | 212,335 |
Roger Realty/Sony Pictures | Inwood, NY | 115,000 |
Prologis/Benjamin Moore | Clifton, NJ | 259,600 |
Urban Express/Hartz Mountain | Elizabeth, NJ | 119,521 |
BMW USA/Harbor Drive Realty | Jersey City, NJ | 12 acres |
Franco Vago/Sitex/LaSalle | Little Ferry, NJ | 63,400 |
CEVA Logistics/Principal RE Investors | Monroe, NJ | 324,000 |
Prologis/Empire Office | Secaucus, NJ | 111,041 |
Prologis/Menlo Logistics | Monroe, NJ | 144,000 |
Barnes & Noble/Advance Magazine Publishers (Office) | New York, NY | 40,240 |
Barnes & Noble/Allied Irish Bank (Office) | New York, NY | 82,283 |
TRAC Intermodal/ML7 College Road, LLC (Office) | Princeton, NJ | 200,000 |
Hampshire/Sealed Air | Saddle Brook, NJ | 172,249 |
Moulton Logistics/Prologis | South Brunswick, NJ | 152,230 |
Portview Properties/FedEx BTS | Elizabeth, NJ | 155,963 |
Prologis/Triangle Trucking | North Bergen, NJ | 164,785 |
Seagis Property Group/Quivican | Teterboro, NJ | 299,625 |
Hampshire Companies/PC Richard | Carteret, NJ | 343,481 |
Argix Logistics/IndCor Properties | South Brunswick, NJ | 73,262 |
Barnes & Noble/KBS (Office) | Basking Ridge, NJ | 400,000 |
BASF/Federal Business Centers | Edison, NJ | 265,457 |
Gucci America/Hartz Mountain | Secaucus, NJ | 88,627 |
Prologis/Glenmark Pharmaceuticals | Mahwah, NJ | 8.62 acres |
General Electric/RTC Properties | Kearny, NJ | 15 acres |
GE Rail Service (UPS)/Columbia Coastal | Coastal,Newark, NJ | 154,096 |
IndCor Properties/Amware Logistics | South Brunswick, NJ | 232,134 |
Sale Transactions Past 3 Years
Address | SF | Volume |
130 Docks Corner Road, South Brunswick, NJ | 212,335 | $14,400,000 |
301 Veterans Boulevard, Rutherford, NJ | 79,134 | $8,180,820 |
211 College Road (Office), Princeton, NJ | 35,107 | $2,300,000 |
15 Stern Avenue, Springfield, NJ | 32,565 | $2,000,000 |
361 South Street, Newark, NJ | 25,000 | $4,400,000 |
750 Frelinghuysen Avenue, Newark, NJ | 90,000 | $3,200,000 |
1595 MacArthur Boulevard, Mahwah, NJ | 119,624 | $8,825,000 |
661 Hadley Road, South Plainfield, NJ | 55,555 | $3,000,000 |
50 Bryla Street, Carteret, NJ | 240,000 | $9,375,000 |
110 Minue Street, Carteret, NJ | 74,000 | $2,000,000 |
44 Talmadge Road, Edison, NJ | 243,000 | $10,000,000 |
2 Peekay Drive, Clifton, NJ | 71,188 | $3,600,000 |
2-8 Germak Drive, Carteret, NJ | 299,625 | $24,500,000 |
Investment Sale Transactions Past 3 Years
Address | SF | Volume |
Morris Companies - New Jersey Industrial/Retail Portfolio - Various Locations |
5,484,639 | $820,000,000 |
ePort Logistics Center - Perth Amboy, NJ | 104 acres (1.3 MSF) |
$62,000,000 |
165 Chubb Avenue, Lyndhurst, NJ | 120,238 | $9,900,000 |
205 Chubb Avenue, Lyndhurst, NJ | 148,338 | $11,800,000 |
100 Middlesex Center Boulevard, South Brunswick, NJ | 343,481 | $18,000,000 |
261 River Road, Clifton, NJ | 230,953 | $26,100,000 |
50 Edgeboro Road, East Brunswick, NJ | 101 doors | $11,650,000 |
200 Riser Road, Little Ferry, NJ | 286,000 | $32,250,000 |
301 Mayhill Street, Saddle Brook, NJ | 180,000 | $8,700,000 |
Professional Affiliations / Accreditations
- Licensed Real Estate Broker, New Jersey
- Certified Commercial Investment Member (CCIM)
- Society of industrial and Office Realtors (SIOR) (20 year member through 2019)
- Warehousing Education and Research Council (WERC)
- National Association of Industrial & Office Properties (NAIOP)
- National Association of Realtors (NAR)
- National CBRE Industrial Advisory Council
- National CBRE Industrial Executive Committee
Area of Expertise
- Acquisition and disposition of industrial/commercial property
- Investment properties, analysis and valuation
- Truck terminals and transportation related properties
- Land sales and leasing
- Global shipping - port properties
Education
- Seton Hall University, Bachelor of Science, Business Management
- New York University, New York, Commercial Investment Real Estate Institute (CIREI)
Clients Represented
- Prologis
- Barnes & Noble
- Hampshire Companies
- Pabst
- Seagis Property Group
- Trac Intermodal
- The Bristol Group
- Leggett & Platt
- Sea Castle
- The Morris Companies
- J.B. Hunt
- Sitex Group
- W.W. Grainger
- CEVA Logistics
- ONYX Equities
- CenterPoint Properties
- The Rockefeller Group
- STRS Ohio
- WPT Industrial REIT
- Clarion Partners