Page 15 - RE-NJ

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represented the seller with support
from the fi rm’s Tim Greiner.
A health care user acquired 100
Franklin Square, a 106,600-square-foot
building in the Somerset section of
Franklin. Vantage Commercial’s Ken
Richardson represented the seller.
Private investors acquired 600 Main
St., a 38,469-square-foot property
in Asbury Park, for $2.95 million.
Neil Barone of Barone Commercial
Resources LLC represented the seller.
RUGBY REALTY leased a combined
29,000 square feet at 3 Gateway, a
500,000-square-foot building at 100
Mulberry St. in Newark, to Sphere
Technology Solutions and IWG.
Cushman & Wakefi eld’s Curtis
Foster, Jerry Shifrin and Matt Zaplin
represented ownership. Newmark’s
Jamie Ragucci and Hope Brodsky
represented Sphere, a data security
fi rm.
ND XLI LLC leased 18,022 square feet at
350 Fellowship Road, a 56,268-square-
foot building in Mount Laurel, to
GalenusCare. Wolf Commercial Real
Estate’s Erin Warwick represented the
landlord.
A private occupier purchased 165
East Main St., a 15,879-square-foot
building in Denville. Cushman &
Wakefi eld’s Andrew Schwartz, Jordan
Sobel, André Balthazard and Dan
Bottiglieri represented the seller, while
Toni Kaufmann of Realty Executives
represented the buyer.
HOUSING DEVELOPMENT CORP. of
Bergen County purchased 147-
153 Hudson St., a two-building,
12,589-square-foot property in
Hackensack. NAI James E. Hanson’s
Anthony J. Cassano brokered the sale.
SJP PROPERTIES leased 12,016 square
feet at Waterfront Corporate Center
I, a 566,215-square-foot building
at 111 River St. in Hoboken, to
Semperis. Cushman & Wakefi eld’s
Patrick Decker, Mina Shehata,
David DeMatteis and Mark
Zaziski represented the tenant, a
cybersecurity fi rm.
EXPRESS CASINO CAR WASH AND LUBE
leased 11,680 square feet at 3974 Route
1 in South Brunswick. The Goldstein
Group’s Neil Goldstein and Mark
Handwerker represented the landlord,
while Delmira Marques of VRI Homes
Realty NJ represented the user.
A private investor purchased 550 Main
St., a 10,000-square-foot professional
and medical offi ce building in
Boonton. Jenna Glick of Newmark
Associates CRE brokered the sale.
TRUE NORTH AVENUE EAST LLC sold
325 North Ave. East, a 9,700-square-
foot building in Westfi eld, to 25 Taylor
Holding LLC for $2.215 million. Robert
J. DiLeo, Richard Goski and Catherine
Goski-Vasquez of NAI DiLeo-Bram &
Co. represented the seller.
RESIDENTIAL
A private investor acquired Twenty50,
a 194-unit apartment building at
2050 Central Road in Fort Lee.
BlueGate Partners’ Mark DeLillo,
Marc Schulder and Lee Spiegleman
and JLL’s Jose Cruz, Steve Simonelli,
Mike Oliver and Elizabeth DeVesty
represented the seller and procured
the buyer, while BlueGate advised on
acquisition fi nancing.
A developer sold The Essex, a 158-
unit apartment building at 78-102
Washington Ave. in Belleville, to
a New York-based family offi ce.
Manveer Sanghera of Veerman Asset
Management Represented the seller,
while CBRE’s Judah Hammer, Jeff
Feldman and Jack Hayes arranged
$35.5 million in permanent fi nancing
from Freddie Mac.
VARMA REAL ESTATE and Garas
Development sold 555 Northfi eld
Ave., a 70-unit luxury apartment
building in West Orange, to Invel
Capital and Pearlmark Real Estate
for $40.8 million. JLL’s Michael Oliver,
Steve Simonelli, Jose Cruz, Ryan
Robertson, Elizabeth DeVesty and
Austin Pierce represented the seller,
while the fi rm’s Michael Klein, Gerard
Quinn and Christian Badalamenti
sourced acquisition fi nancing.
LCL FRANKLIN LLC sold Franklin
Towers, 63-unit apartment building
at 165 Franklin St. in Bloomfi eld,
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