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14 JANUARY 2024
to Wild Flowers Farm LLC. NAI
James E. Hanson’s John J. Schilp represented both parties.
BRENNAN INVESTMENT GROUP, GLOBAL GATE CAPITAL and RIDGECUT ROAD acquired a 10-acre industrial outdoor storage property, including a 28,600-square-foot building, on Jernee Mill Road in Sayreville.
An undisclosed party purchased 300 Okerson Road, a 2.3-acre tract in Howell, for $875,000. Sheldon Gross Realty’s Matt Leonelli and Jonathan Glick brokered the sale.
OFFICE
SPARC GROUP LLC signed a lease renew- al and expansion to 92,794 square feet
at 125 Chubb Ave., a 278,456-square- foot building in Lyndhurst. Cushman & Wakefield’s Curtis Foster and Jerry
Shifrin represented ownership, while Remy deVarenne of CBRE represented the tenant.
OPAL HOLDINGS signed a 40,000-square- foot lease renewal at 99 Wood Ave. South, a 271,988-square-foot building in the Iselin section of Woodbridge, with Greenbaum Rowe Smith & Davis LLP. Cushman & Wakefield’s Todd Elfand, Kevin Carton, Paul Giannone
and Brody Strickland represented ownership.
PARK AVENUE BMW leased 14,000 square feet at 216 Route 17 North, an 82,222-square-foot property in Ro- chelle Park, to SG Cos. JLL’s Mike Pi- etrowicz represented ownership, while the firm’s Frank D. Recine and Colleen Maguire represented the tenant.
PENN MEDICINE BECKER ENT AND ALLERGY leased 6,770 square feet
at Washington Town Center in Robbinsville. Fennelly Associates’ Jerry Fennelly and Matthew Fennelly represented ownership.
CENTER FOR RESILIENCY leased 1,000 square feet at 160 Summit Ave., a 32,000-square-foot building
in Montvale. Frank Recine of JLL represented ownership.
RESIDENTIAL
BRIGHTON ESTATES INC. sold Brighton Estates, a 95-unit garden apartment complex at 1 and 13-53 Brighton Ave. in Belleville, to MC Brighton LLC for $11.8 million. Tom Scatuorchio of The Kislak Co. Inc. represented the seller, while the firm’s Andrew Scheinerman procured the buyer. Genesis
Stokes and Perry Florio of Waters, McPherson, McNeill PC and Scott Herzog of the Law Offices of Scott Herzog LLC provided legal counsel to the respective parties.
EOM sold 90 Avenue E, the site of
a 70-unit multifamily project under construction in Bayonne, for $6.13 million. CBRE’s Fahri Ozturk, Richard Gatto and Zach McHale represented the seller, while Hudson Realty acted on the buyer’s behalf.
RIVER BANK RENTALS LLC sold Riverbank Commons, a 30-unit apartment building at 2030 Riverside Drive in Trenton, to NJ Mercer Investments Realty LLC for $3.05 million. Barry Waisbrod of The Kislak Co. Inc. represented the seller.
An affiliate of STAR HOLDINGS, in conjunction with Starfield Cos., sold 1162-1198 Ocean Ave., an Asbury Park development parcel approved for 155
condominiums and retail space, to Inspired by Somerset Development for $15 million. JLL’s Jose Cruz, J.B. Bruno and Ryan Robertson represented the seller.
AIRN MANAGEMENT sold 921-931 Madison St., a Hoboken development parcel approved for 36 luxury apartments, for $8.5 million and 8709 River Road, a 30,000-square-foot
land parcel in North Bergen, for $5.5 million. CBRE’s Fahri Ozturk, Richard Gatto, Zach McHale and Jeff Babikian represented the seller and procured the buyers.
ECHEVARRIA INDUSTRIES acquired 6600 River Road, a 0.46-acre development parcel in West New York, for $5.75 million. Bob Antonicello of Grid Real Estate LLC brokered the deal.
RETAIL
A debt fund sold a combined 62,358 square feet of condominium space and an adjacent land parcel at Cedar Hill