A developer has acquired two acres in Cherry Hill, where construction is underway for a new CVS store along one of the township’s main thoroughfares.
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New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.
Sanzari drawing on 75 years of stability, relationships to guide tenants through crisis
Like other landlords, Alfred Sanzari Enterprises has spent months with its buildings mostly empty as businesses cope with the effects of the pandemic. But the family-owned firm has weathered the crisis and helped its tenants do the same thanks to its own financial strength and ability to act quickly, which stem from a patient, low-leverage approach that goes back 75 years.