Page 11 - RE-NJ

™ 9
27-unit Knights Manor at 111 Locust
St. in Roselle Park for $12 million.
Jeff Squires of The Kislak Co. Inc.
represented the seller, while Jared
Sobel of Walker & Dunlop arranged
Freddie Mac fi nancing.
A private investor sold 26 Locust
Drive, a 57-unit garden apartment
complex in Summit, for $21.15
million. Robert Holland and Jeff
Squires of The Kislak Co. Inc.
represented the seller, while the
fi rm’s Joni Sweetwood procured the
buyer.
RETAIL
An affi liate of TFE PROPERTIES
acquired The Shops at Brick, a
103,832-square-foot shopping
center at 159 Van Zile Road in Brick
Township. JLL’s Kevin O’Hearn and
Joseph Lopresti represented the
seller.
An investor purchased 1812
and 1802 Springfi eld Ave., a
12,415-square-foot portfolio in
Maplewood, for $4.263 million.
Marcus & Millichap’s Alan
Cafi ero, David Cafi ero and Dean
BAO DUMPLINGS AND BAO TEA
leased 1,450 square feet at Maple
Avenue Plaza, an 89,500-square-foot
property at 21-06 Maple Ave. in Fair
Lawn. RIPCO Real Estate’s Curtis
Nassau represented the landlord.
CC HAMILTON LLC leased 1,409
square feet at 745 Hamilton St., a
mixed-use property in the Somerset
section of Franklin, to Mobile
Mecca LLC. Deluccia Commercial
Group’s Tim Deluccia represented
both parties.
KUSHNER leased 1,200 square feet
at Monmouth Square, a mixed-use
redevelopment site at 180 Route
Newmark Associates CRE brokered
the lease.
DOREN DEVELOPMENT leased
4,000 square feet at 18 Howe Ave.,
a 7,500-square-foot building in
Passaic, to ThPlasma. Chris Conway
of Atlantic Coastal Real Estate LLC
represented the tenant, a plasma
donation center.
Power Core Studio and Sugaring
NYC. Mike Testa of Jeffery Realty
represented ownership in the
transactions with Kids United and
Sugaring NYC, working alongside
tenant brokers William Lenaz of
Bennett Realty & Development and
David Yablon of Katz & Associates,
respectively.
DOGTOPIA leased 5,000 square
FIRSTTRUST FINANCIAL RESOURCES
LLC leased 3,600 square feet at
Cherry Hill Plaza, a 100,000-square-
foot building at 1415 Route 70 East
in Cherry Hill. Wolf Commercial
Real Estate’s Jason Wolf
represented the tenant.
feet at West Orange Plaza, a
296,500-square-foot shopping
center at 235 Prospect Ave. in West
Orange. Ed Vasconcellos III of Levin
Management Corp. represented the
landlord, while JLL’s David Townes
and Alana Friedman, formerly of
A health care practice acquired 189
Cushman & Wakefi eld at the time,
Eagle Rock Ave., a 2,150-square-
represented the tenant.
foot property in Roseland. Dennis
Giammetta and Meryl Ehrenkranz of
Newmark Associates CRE managed
the sale.
ALFRED SANZARI ENTERPRISES
signed a 1,482-square-foot lease
renewal at Court Plaza North, a
161,204-square-foot building at
25 Main St. in Hackensack, with
Lorraine Teleky-Petrella, Esq.
A cannabis dispensary operator
acquired 601 Route 70 West, a
3,800-square-foot building in
the Marlton section of Evesham
Township, for $2.3 million.
Attorney Richard Freedman and
Alan Sussman of A.J. Sussman Co.
represented the seller and buyer,
respectively.
35 in Eatontown, to Van Leeuwen
Ice Cream. JLL’s David Townes and
Alana Friedman represented the
tenant.
HOSPITALITY
EKP VENTURES LLC sold a
1,000-square-foot condominium
at 6 Oxbow Lane, a professional
and medical offi ce building in
Hardystown, to Frank Cunha III.
Joseph F. Vindigni of NAI James E.
Hanson represented the seller.
PB ONE LLC sold 197 Route 17,
a 3,650-square-foot building in
Paramus, to Twelve Route 4. Greg
Panayoti of NIA National Realty
represented the seller, while The
Goldstein Group’s Neil Goldstein
and John Ostrowski represented the
buyer.
JDK MANAGEMENT CO. sold Hampton
Inn Flemington, an 84-key hotel at 14
Royal Road in Flemington, to Kenish
Patel of Jay Sai Corp. Berkadia
brokered the sale.
FINANCE
Matuszewicz represented the seller
and procured the buyer.
RESIDENTIAL
A private investor acquired
Barrington Mews, a 284-unit senior
housing property at 2101 Reamer
Drive in Barrington. Adam Zweibel
of Hudson Atlantic Realty arranged
the sale.
1604 ROUTE 70 LLC sold 1604 Marlton
Pike West, a 12,000-square-foot
building in Cherry Hill, to Ilkem
Marble & Granite for $1.2 million.
Rose Commercial Real Estate’s
Adam Rose and Michelle Marinello
represented the seller.
KUSHNER leased 3,384 square feet
at Pier Village, a mixed-use lifestyle
destination at 80 Ocean Ave. North
in Long Branch, to Jetty. Pierson
Commercial’s Ryan Starkman
and Gary Krauss represented the
landlord and tenant, respectively.
BHI provided a $35 million
construction loan to TAY
Investments, the developer of a
202-unit apartment building under
construction at 301 West Side Ave. in
Jersey City.
A life insurance company originated
$15 million in fi nancing to the owner
MIDVALE ASSOCIATES LLC leased
of a single-tenant, 100,000-square-
LOCUST PARTY MANAGEMENT LLC
URBAN EDGE PROPERTIES leased a
1,800 square feet at 111 Route
foot warehouse in Secaucus. Bridget
acquired a 75-unit garden apartment
combined 5,988 square feet at Town
46 in the Budd Lake section of
Wilcox of G.S. Wilcox & Co. sourced
portfolio including the 48-unit
Brook Commons, a 231,356-square-
Mount Olive to Epic Systems Tech.
Townley Garden Apartments at
foot property at 754 Route 35
NAI James E. Hanson’s Joseph F.
1407 Morris Ave. in Union and the
in Middletown, to Kids United,
Vindigni represented both parties.
the fi nancing. RE