Page 13 - RE-NJ March 2022
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   square feet at 119 Headquarters Plaza, a 198,000-square-foot building in Morristown. Robert Donnelly and Benjamin Brenner of Cushman & Wakefield represented ownership, while Samuel Horowitz, Chris Hovanec and Ray Iodice of Colliers represented the tenant, a healthy ingredients company.
MITSUI SUMITOMO INSURANCE CO. of America leased a combined 12,471 square feet at 15 Independence Blvd., a 107,000-square-foot building in Warren, to Tevogen Bio and Transverse Insurance Group. Daniel Reider of Newmark represented ownership, while David Jaffe of Century 21 Burke Realty and Cushman & Wakefield’s Ryan DePaul and Ed Duenas represented the respective tenants.
EASTMAN COS. leased 8,717 square feet at 23 Vreeland Road, a 69,000-square- foot building in Florham Park, to Acrisure LLC. CBRE’s Jonathan Meisel, Daniel Casey and Erin Wenzler represented ownership, while Trevor Patterson of Newmark represented the tenant.
VISION REAL ESTATE PARTNERS leased 7,106 square feet at 1776 On The Green, a 146,000-square-foot property at 67 East Park Place in Morristown, to Compass. CBRE’s Jon Williams and Mike Nieliwodski represented ownership.
REPUBLIC FIRST BANK, KARIN ECKERSON INTERIORS LLC, MIDWIFERY CARE ASSOCIATES PC and PENNINGTON FAMILY CHIROPRACTIC leased a combined 6,729 square feet at Pennington Point, a 30,000-square-foot complex at 231 Route 31 in Pennington. Al Toto of Commercial Property Network Inc. brokered the transactions.
ARCADIAN PROFESSIONAL PROPERTIES NJ LLC leased 6,266 square feet at 825 Bloomfield Ave., a 19,000-square- foot building in Verona, to Geria Dermatology LLC. James DiOrio of Berkshire Hathaway represented the
owner, while NAI James E. Hanson’s
Darren Lizzack and Randy Horning represented the tenant.
N&K PROPERTIES sold 19 Center St., a 5,500-square-foot office and medical property in Chatham, for $1.5 million. Doug Gaffney and Joe Komiter of Lee & Associates New Jersey represented the seller.
An undisclosed buyer purchased 64 North Weiss St., a mixed-use building in Manville with 2,188 square feet
of office space and one apartment, for $332,000. Marcy Gross and Eric Weston of Sheldon Gross Realty brokered the deal.
DIVERSIFIED PROPERTIES leased 750 square feet at Montville Center, a 33,900-square-foot property at 350 Main Road in Montville, to Nexiix Marketing.
An undisclosed buyer purchased 359 North Maple Ave., a mixed-use property in East Orange with 17 apartments and three retail spaces, for $2.6 million. Julie Gralla and Joni Sweetwood of The Kislak Co. Inc. represented the seller and procured the purchaser, respectively.
JACOBS ENTERPRISES leased 21,000 square feet at Styertowne Shopping Center, a property at 1051 Bloomfield Ave. in Clifton, to Planet Fitness. Jerry Welkis of Welco Realty represented the landlord, while David Townes, Alana Friedman and Neil Seth of Cushman & Wakefield represented the tenant.
A personal trust sold 393 Route 18, a
16,993-square-foot strip mall in East Brunswick, for $4 million. Marcus & Millichap’s Alan Cafiero and Brent Hyldahl represented both parties.
An undisclosed buyer purchased 238 Franklin Ave., the site of a 12,000-square-foot restaurant in Nutley, and its liquor license for $1.6 million. Julie Gralla of The Kislak Co. Inc. represented the seller and procured the buyer.
DOLLAR TREE leased 11,642 square
feet at The Shoppes at Parsippany,
a 54,700-square-foot property at
1470 Route 46 in Parsippany. Darrin Hiban of Tri State Commercial Inc. represented the landlord, while Danielle Brunelli and Pete Nicholson of R.J. Brunelli & Co. represented the tenant.
leased 9,400 square feet at
the Paramus Design Center, a 135,000-square-foot property
at 762 Route 17 in Paramus, to Room & Board. Newmark’s Dean Tselepis represented the tenant, a Minneapolis-based home furnishings retailer.
COREMARK MAHWAH LLC sold the Shops of Mahwah, a 7,700-square- foot strip center at 380 Route 17
in Mahwah, to RMR Acquisitions LLC. Jordan Liebowitz of Landmark Real Estate Co. represented the seller, while The Goldstein Group’s Lew Finkelstein and CJ Huter represented the buyer.
THE KAMSON CORP. acquired 600 White
Horse Pike, the site of a nearly 5,600-square-foot Wawa store and gas station that is under construction in Egg Harbor City, for $6.967 million. Jason Pucci and Justin Lupo of The
REALESTATENJTM 11 Kislak Co. represented the buyer.
JOINUS NAILS leased 1,600 square feet at Chatham Plaza, a 31,507-square- foot shopping center at 449-465 Main St. in Chatham. Kendal Hand-Freda of Levin Management Corp. represented ownership.
ALFRED SANZARI ENTERPRISES leased 1,540 square feet at Summit Plaza, an 88,000-square-foot complex at 370-380 West Pleasantview Ave. in Hackensack, to Mohegan Smoke Shop LLC. David Greenman of Silbert Realty & Management Co. represented ownership.
JACKSON HEWITT leased 1,200 square feet at citivillage, a mixed-use property at 1140 East St. Georges Ave. in Linden. Sheneeza Ali and Kyle Janoczkin of Lee & Associates New Jersey represented the landlord and tenant, respectively.
SKW FUNDING provided a $42.75 million bridge loan to Stalwart Equities for its acquisition of
Logan Township Industrial Park, a 171.3-acre site in Logan Township. Cushman & Wakefield’s John Alascio, Chuck Kohaut, TJ Sullivan and John Spreitzer advised the borrower in the deal.
SIGNATURE BANK provided a $39 million loan to The STRO Cos. to refinance an eight-building, 395,000-square-foot industrial portfolio in Woodbridge, Moonachie, Clifton, Woodland Park, Wyckoff and Roselle.
Undisclosed lenders provided a $22.65 million first mortgage and a $3.475 million second mortgage to Reynolds Asset Management for its development of a 103-unit luxury apartment building at 606 Freeman St. in Orange. George Gnad of Lenders Capital Realty Services sourced
the construction financing on the borrower’s behalf. RE
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