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12 SUMMER 2022
office building at 500 West Main St.
in Freehold, for $8.2 million. Scott Niedergang of Physician Real Estate Capital Advisors represented the seller.
ORCHARD YARN & THREAD CO.
INC. leased 13,000 square feet at Meadowlands Corporate Center, a 278,456-square-foot building at 125 Chubb Road in Lyndhurst. JLL’s Frank Recine and Nicolas DeCotiis represented ownership, while Tim Greiner, David Stifelman and Candy Brown represented the tenant.
ALFRED SANZARI ENTERPRISES leased 12,274 square feet at Glenpointe, a three-building, 670,000-square-foot campus on Frank W. Burr Boulevard in Teaneck, to Leica Camera Inc. Newmark’s Jeff Schotz, Peter Rossi, Dan Reider, Peter Kasparian and David Simson represented ownership, while Mark Zaziski and Marc Trevisan of Cushman & Wakefield represented the tenant.
METROPOLITAN YMCA OF THE
ORANGES sold 139 East McClellan Ave., a 7,000-square-foot building in Livingston, to 139 McClellan Holdings. NAI James E. Hanson’s Josh Levering, Andrew Kirshenbaum and William Ericksen represented the seller, while Commercial Realty Partners’ Joe Puleo represented the buyer.
An undisclosed buyer purchased 94 Route 10 West, a 3.93-acre development site in Hanover.NAI James E. Hanson’s John Schilp represented both parties.
RESIDENTIAL
PIKE SENIOR HOUSING PARTNERS LLC
sold Homestead at Hamilton, a 195- unit senior housing, assisted living and memory care facility at 2560 Kuser Road in Hamilton, to Inspired Healthcare Capital for $97.5 million. Cushman & Wakefield’s Richard Swartz, Jay Wagner, Jim Dooley and Jack Griffin arranged the sale.
KEYPORT VILLAGE APARTMENTS DE LLC sold Keyport Village Apartments, a 132-unit complex at 251 Atlantic St.
in Keyport, for $29 million. Robert Holland and Barry Waisbrod of The Kislak Co. Inc. represented the seller, while Joni Sweetwood procured the buyer.
A private owner sold a 121-unit portfolio of income-restricted rentals including the Eagle View Apartments at
206 Joan Warren Way and 402 Market St. in Monroe Township, The Hills
at Rockaway on Parkview Lane in Rockaway, The Preserve at Matawan on Sloan Court in Matawan and Don’s Apartments at 660 South Orange Ave. in Livingston, for a combined $14.145 million. Matt Weilheimer of The Kislak Co. Inc. represented the seller.
A private investor purchased a four- building, 96-unit apartment portfolio
at 30 Beech St., 46 South Arlington Ave., 6 Glenwood Ave. and 363 Park Ave. in East Orange for $15.6 million. Hudson Atlantic Realty’s Adam Zweibel brokered the transaction.
An apartment owner sold a combined 83 units at 330 East 23rd St., 112 Coral and 94-96 North 9th streets, 557 East 28th and 592 East 29th streets and 353 and 369 Fair St. and 90-92 North 5th St., all in Paterson, for a combined $12.36 million. Gebroe-Hammer Associates’ Debbie Pomerantz represented the seller and procured the buyers in four separate deals.
A private investor sold Beech Spring Village Apartments, a 53-unit apartment complex on Beech Spring Drive in Summit, for $14.5 million. David
Jarvis of Gebroe-Hammer Associates represented both parties.
A private investor purchased 404-408 and 410-414 Union Ave., a 45-unit apartment property in Irvington, for $6 million. Julie Gralla of The Kislak Co. Inc. represented the seller.
A private owner sold Campfield Apartments, a 33-unit building at 659 Chancellor Ave. in Irvington, for $4.2 million. Marcus & Millichap’s Jed P. Matricaria represented both parties.
319 SUMMIT LLC purchased 319 Summit Ave., a 21-unit apartment building
in Jersey City, for $3.85 million.
Davis Briones of The Kislak Co. Inc. represented the seller.
RETAIL
STOP & SHOP and GOODRICH MANAGEMENT sold Essex Mall, a 189,773-square-foot shopping center at 875 Bloomfield Ave. in West Caldwell, to Milbrook Properties for $47 million. CBRE’s Jeff Dunne, David Gavin, Jeremy Neuer, Steve Bardsley and Travis Langer represented the sellers.
REGENCY CENTERS CORP. and a separate account client advised by LaSalle Investment Management sold Riverfront Plaza, a 129,000-square- foot shopping center at 500 South River Road in Hackensack, to the Sterling Organization. JLL’s Jose Cruz, Kevin O’Hearn, Steve Simonelli,
Michael Oliver and Grace Braverman represented the sellers.
A private investor acquired Willingboro Town Center, a 30,000-square-foot shopping center at 4376 Route 130 in Willingboro. Jeffery Realty’s Shane Wierks represented both parties.
A private investor purchased Butler Plaza, a 29,833-square-foot complex at Route 23 and Kiel Avenue in Butler, for $23.5 million. Marcus & Millichap’s Alan Cafiero, David Cafiero and John Moroz represented the seller.
URBAN EDGE PROPERTIES leased 23,498 square feet at Greenbrook Commons, a 172,664-square-foot property in Watchung, to Aldi. Jeffery Realty’s Bill Farkas and Mike Testa represented the landlord.
HERITAGE SAN LEANDRO LP purchased 440 Union Ave., a 14,688-square-foot CVS property in Bridgewater, for $10.9 million. CBRE’s Karly Iacono represented the seller.
An undisclosed party sold 607-619 Park Ave., a 12,143-square-foot property in Plainfield, for $1.7 million. Marc Shein and Kelly Bayer of NAI DiLeo-Bram & Co. represented the seller.
MATTRESS WAREHOUSE leased 7,000 square feet at North Village Shopping
Center, a 124,000-square-foot property at 869 Route 1 in North Brunswick. Ed Vasconcellos III of Levin Management Corp. and Gary Leone of CBRE represented the landlord and tenant, respectively.
SHOPRITE signed a 6,250-square-foot lease expansion at Hartford Corners, a 215,000-square-foot shopping center at Route 130 and Hartford Road in Delran, where it now occupies 70,600 square feet. Sidney Singer of Levin Management Corp. represented ownership.
430 PALISADE LLC leased 4,340 square feet at 430 Palisade Ave., an apartment building in Jersey City, to Smart Start Academy. The Goldstein Group’s Chris Conway represented ownership.
ABACO purchased 15 Godwin Ave.,
a 3,200-square-foot building in Ridgewood. Josh Krantz of Lee & Associates New Jersey represented the buyer and seller.
101 PORTLAND AVE LLC leased 2,450 square feet at 101 Portland Ave.,
a 9,694-square-foot strip center in