Page 14 - RE-NJ Nov.2021 #59
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 12 N0VEMBER 2021 DEAL
to Inter-Metro Freight. Gregory Irving of Bussel Realty Corp. represented the tenant.
An investor acquired 225 County Road 522, a 66,500-square-foot complex in Manalapan, for $4.96 million. Matthew Leonelli of Sheldon Gross Realty represented the seller.
ASB REAL ESTATE INVESTMENTS and
COHEN ASSET MANAGEMENT purchased 111 Thomas McGovern Drive, a 65,715-square-foot property in Jersey City, for $21.7 million. CBRE’s Brian Fiumara, Tom Monahan and Larry Schiffenhaus represented both parties.
MERIDIAN ASSOCIATES LLC sold 305 Churchill Ave., a 60,000-square-foot building in the Somerset section of Franklin. George P. Molloy of GM Realty Advisors Inc. represented both parties, with Peter Wagner of Lupo Law and Oren Goldhaber of Neil F. Kupferman serving as legal counsel to the seller and buyer, respectively.
TERRENO REALTY CORP. leased 50,358 square feet at 46 Whelan Road in
East Rutherford to Brookaire Co. CBRE’s Kevin Dudley and Nick Klacik represented the tenant, a family-owned HVAC supply company.
CONTRACTING LEASING CORP. purchased Clover Leaf Industrial Park, a 26- acre complex at 28 Howard St. in Piscataway, for $10.5 million. Chris Galiano of NAI DiLeo-Bram & Co. represented the seller.
A private entity sold 1525 South Washington St., a 28,000-square-foot property in Piscataway, for $4.3 million. Joseph Boniakowski and Todd Gannet of The Boniakowski Commercial Real Estate Group represented the seller.
99 MURRAY HILL PARKWAY INC. leased 24,057 square feet at 99 Murray Hill Parkway, a 142,624-square-foot building in East Rutherford, to Marmiro Stones. Kenneth Lundberg, Steve Pastor, Patrick Lennon and Lorenzo Lambiase of NAI James E. Hanson represented the landlord.
THABIC AND CO. sold 108 North Gold Drive, a 23,933-square-foot property in Robbinsville, to FRG-X-NJ1 LP doing business as Faropoint. Wolf Commercial Real Estate’s Kevin Coleman and Victor DeJesus represented the seller.
COMPASS sold 626 Brunswick Ave.,
a 22,600-square-foot building in Trenton. NAI Fennelly’s Jerry Fennelly represented the seller.
HARTZ MOUNTAIN INDUSTRIES INC. leased 16,045 square feet at 2075 91st St. in North Bergen to Malba Trading LLC.
Kenneth Kaplan of KenKap Realty Corp. represented the tenant, a grocery distributor.
Biagio Tomaro of TOMARO LEASING
CORP. sold 195 Green Pond Road,
a 12,000-square-foot property in Rockaway, to North America Realty
for $3.925 million. James Costanzo of Charity Realty International and Ronald Kraft of Allied Realty represented the seller and buyer, respectively.
MENSI PROPERTIES LLC sold 200 Marion Ave., a 7,350-square-foot building in Linden, to 200 Marion Realty LLC
for $1.2 million. Kenneth J. Jones of Kenneth J. Jones Inc. brokered the sale.
JAMES PRISCO JR. leased 1,100 square feet at 13 Watchung Ave. in Chatham to Galaxy Dairy Products Inc. NAI James E. Hanson’s Andrew Kirshenbaum and Tom Ryan represented the landlord.
OFFICE
A private buyer sold a 52,079-square- foot medical office portfolio at 603, 608, 620 and 730 North Broad St. in Woodbury for $7.2 million. Marcus & Millichap’s Alan Cafiero, Brent Hyldahl and Ben Sgambati represented both parties.
THOMAS PARK purchased 225 May St., a 30,000-square-foot medical office
building in Edison. Kim Kretowicz of Colliers International represented the seller.
PL PRESIDENT REALTY ADVISORS leased 28,864 square feet at 959 Route 46
in Parsippany to an undisclosed engineering firm. Peter Shikar of CBRE and Michael Marchese of Chilmark Real Estate Services represented the landlord and tenant, respectively.
THE BIRCH GROUP leased 19,791 square feet at 51 John F. Kennedy Parkway,
a 260,750-square-foot building in the Short Hills section of Millburn, to Blue Owl Capital.
236 ROUTE 38 ASSOCIATES LLC leased 14,714 square feet at 236 Route 38
in Moorestown to Bancroft. Wolf Commercial Real Estate’s Jason Wolf represented the tenant, a nonprofit serving individuals with autism, intellectual and developmental disabilities and those in need of neurological rehabilitation.
THOR EQUITIES GROUP leased 11,235 square feet at 95 Greene St., a 350,000-square-foot property in Jersey
SHEET
INDUSTRIAL
PAPER MART sold 151 Ridgedale Ave., a 187,013-square-foot property in East Hanover, to Urban Edge Properties. Avison Young’s Matthew Turse, Timothy Cadigan and Grant Otto represented the seller, while Tom Consiglio and Scott Peck of Resource Realty represented the buyer.
TERRENO REALTY CORP. sold 9, 11 and 15 Melanie Lane, a 167,050-square-foot complex in East Hanover, to Barings and Vision Real Estate Partners. Cushman & Wakefield’s Gary Gabriel, Kyle Schmidt, David Bernhaut, Ryan Larkin and Max Helfman represented the seller.
A subsidiary of VELOCITY VENTURE PARTNERS purchased Stow Road Corporate Park, a 160,000-square-foot complex at 8, 9, 10, 12 and 14 East Stow Road in the Marlton section of Evesham. Jonathan Klear and Fred Meyer of NAI Mertz brokered the transaction.
GLP CAPITAL PARTNERS acquired 2301 Cottontail Lane, a 143,670-square-foot
building in the Somerset section of Franklin. CBRE’s Mark Silverman,
Elli Klapper, Charles Berger, Jeremy Wernick and Kevin Dudley represented the buyer.
CITGEN REALTY LLC sold 650 Randolph Road, a 125,790-square-foot complex in the Somerset section of Franklin,
to EverWest Real Estate Investors for $27.7 million. JLL’s Joel Lubin, John Buckley and Gary Politi represented the buyer.
TERRENO REALTY CORP. purchased 97 Third St., a 5.4-acre industrial parcel in Kearny, for $26.3 million. NAI James E. Hanson’s Kenneth Lundberg, Patrick Lennon and Lorenzo Lambiase represented the buyer.
FEDERAL BUSINESS CENTERS leased 87,103 square feet at 355 Clearview Road, a 114,919-square-foot property in Edison,





















































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