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12 WINTER 2024
represented the tenant.
LARKEN ASSOCIATES leased
2,699 square feet at Montgomery
Professional Center, a
47,919-square-foot campus at
Route 518 and Vreeland Drive in
Montgomery, to Ellie Mental Health.
Victor Kelly of Raider Realty and
Nick Yanakas of CARR represented
the respective parties.
Laura and Dennis Bonanni sold 146
Tomlin Station Road, a 2,240-square-
foot building in the Mullica Hill
section of Harrison Township.
Vantage Commercial’s Raki Desai
and Vince Ceroli represented the
seller.
RESIDENTIAL
Affi liates of THE KAMSON CORP.
sold a 190-unit apartment portfolio
at 601 North Black Horse Pike in
Williamstown and 62 Broadway
in Woodcliff Lake to Woodcliff &
Laurelton Partners LLC for $31
million. Jason Pucci of The Kislak
Co. Inc. represented the sellers,
while the fi rm’s Barry Waisbrod
procured the buyer.
327 COMMUNIPAW LLC sold 327
Communipaw Ave., a 16-unit luxury
apartment building in Jersey City,
for $6.65 million. Redwood Realty
Advisors’ Steven Matovski and
Thomas McConnell represented the
seller.
WSJ II LLC sold Village Apartments,
a 10-unit luxury apartment property
at 1005 Trenton Ave. in Point
Pleasant, to L State Realty LLC for
$3.5 million. Daniel Lanni of The
Kislak Co. Inc. represented the
seller and procured the buyer.
A private investor purchased 36
Prospect St., a six-unit apartment
building in Jersey City, for $1.1
million. Cervelli Real Estate &
Property Management brokered the
transaction.
Pasquale and Luisa Verdicchio
sold a six-unit apartment and retail
building at the corner of West
Main and Davenport streets in
Somerville to Berisha Mulaj Capital
LLC. Deluccia Commercial Group’s
Tim Deluccia represented both
parties.
RETAIL
PASBJERG DEVELOPMENT CO. sold
a three-property, 376,462-square-
foot portfolio at 860 Fischer Blvd.
in Toms River, 260 North County
Line Road in Jackson Township and
344 Route 9 in Lacey Township to
a fund managed by DRA Advisors.
CBRE’s Chris Munley, Colin Behr,
Ryan Sciullo, Casey Smith, RJ
Mirabile and Michael Pascavis
represented the seller.
VERIS RESIDENTIAL INC.,
WOODMONT PROPERTIES and a
global real estate investment
manager sold The Shops at 40
Park, a 49,974-square-foot retail
property at 40 West Park Place in
Morristown, to Winfield Properties.
JLL’s Jose Cruz, Kevin O’Hearn and
J.B. Bruno represented the seller
and procured the buyer.
CYPRESS EQUITIES and STOCKBRIDGE
CAPITAL GROUP sold 950 West
Edgar Road, a 41,000-square-foot
LA Fitness property in Linden, for
$14.29 million. SRS Real Estate
Partners’ Kyle Fant, Britt Raymond,
Matthew Mousavi and Patrick
Luther represented the seller. Josh
Kanter and Tony D’Ambrosia of
NNN Pro represented the buyer,
while Chris Marks and Steve Filippo
of Marcus & Millichap Capital Corp.
arranged financing with a national
bank.
257 ROUTE 202 LLC sold 257 Route
202, a 20,000-square-foot strip
center in Flemington, to Yam
Holding Corp for $3.2 million.
Chandler Vanderbeek, Connor
Vanderbeek and Steve Bussel of
Bussel Realty Corp. represented the
seller.
URBAN EDGE PROPERTIES leased
a combined 6,444 square feet at
Bergen Town Center on Route 4
in Paramus and Maywood to First
Watch and Tacoria.
DXL BIG + TALL leased 6,130 square
feet at Somerville Circle Shopping
Center, a 150,000-square-foot
property at the junction of routes
202/206 and 28 in Raritan Borough.
Vanessa Kelty of Levin Management
Corp. represented ownership, while
Alison Horbach of RIPCO Real
Estate represented the tenant.
Making
Our Mark. Transformative Projects
Industrial | Multifamily and Other Residential | Infrastructure | Healthcare and Education | Mixed Use
Realizing Our Clients’ Visions
Our clients are spearheading billions of dollars in
investment that will transform New Jersey’s brownfi elds,
cities, and waterfronts. The Gibbons Real Property Group
handles high-profi le, regionally signifi cant real estate
transactions, developments, and redevelopments in
virtually every part of New Jersey.
Providing Full Service for Real Estate Projects
• Purchases and Sales of Real Estate
• Complex Real Estate Financing
• State and Local Land Use Permitting
• Redevelopment Approvals
• Public/Private Infrastructure Counseling
• State and Local Economic Incentives
Making Our Mark.
YOUR LEGAL PARTNER SINCE 1926.
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Gibbons P.C. is headquartered at One Gateway Center, Newark, New Jersey 07102. Prior results do not guarantee
similar outcomes. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.