Page 13 - RE-NJ

1920 FAIRFAX ASSOCIATES LLC sold
1920 Fairfax Ave., a 2,800-square-
foot building in Cherry Hill. Wolf
Commercial Real Estate’s Corey
Hassman brokered the sale.
ADVANCED REALTY GROUP leased 2,722
square feet at 1035 North Black Horse
Pike, a 13,201-square-foot building in
the Williamstown section of Monroe,
to an undisclosed tenant. Wolf
Commercial Real Estate’s Brian Goren
represented landlord.
603A OMNI DR. LLC acquired a
1,150-square-foot medical offi ce
condominium at 603 Omni Drive in
Hillsborough. Todd Gannet of The
Boniakowski Commercial Real Estate
Group arranged the transaction.
RESIDENTIAL
BELLEVILLE28 LLC sold 5-22 Carpenter
Terrace, a 28-unit apartment complex
in Belleville, to Rodani Homes LLC for
$4.7 million. Matt Weilheimer and Tom
Scatuorchio of The Kislak Co. Inc.
represented the seller.
336 E. WESTFIELD LLC sold 336 East
Westfi eld Ave., a 24-unit apartment
building in Roselle Park, to R.P.
Westfi eld LLC for $4.125 million.
Andrew Scheinerman and Jeff Squires
of The Kislak Co. Inc. represented the
seller.
RETAIL
HEIDENBERG PROPERTIES GROUP,
RED STARR INVESTMENTS, NORSE
REALTY GROUP and DAG PARAMUS
acquired 700 and 3025 Paramus Park,
a 181,150-square-foot property in
Paramus, for $38 million. CBRE’s Jeff
Dunne and David Gavin represented
the seller with the fi rm’s Michael
Kaider and Keegan Barrett, while
Ackman-Ziff arranged the joint
venture and fi nancing.
A private entity sold 201-217 West
Main St., a 45,000-square-foot
commercial building in Somerville, for
$2.675 million. Max Levinston of The
Kislak Co. Inc. represented the seller.
PB7 ASSOCIATES sold Aspen Court,
a 27,965-square-foot property at 142
Route 35 in Eatontown, to Aspen
Court Partners LLC for $8.05 million.
Marcus & Millichap’s Brent Hyldahl,
Alan Cafi ero and Seth Goldberg
represented the seller and procured
the buyer.
ROCK GLEN ASSOCIATES LLC sold 886-
924 Prospect St., a 24,353-square-foot
property in Glen Rock, to Brentwood
Realty. Cushman & Wakefi eld’s
Andrew Schwartz, Jordan Sobel,
André Balthazard and Dan Bottiglieri
represented the seller.
BOOT BARN leased 14,200 square
feet at Somerset Shopping Center, a
219,000-square-foot complex at 365
Route 206 in Bridgewater. Vanessa
Kelty of Levin Management Corp.
represented ownership, while Mike
Horne and Steven Winters of RIPCO
Real Estate represented the tenant.
ALFRED SANZARI ENTERPRISES leased
4,245 square feet at Summit Plaza,
a 100,000-square-foot property
at 380 West Pleasantview Ave. in
Hackensack, to Bottle & Cork.
RIPCO Real Estate’s Curtis Nassau
and Patrick Brake represented
ownership.
AP 1425 HUDSON STREET LLC leased
4,217 square feet at Hudson Tea, a
mixed-use property at 1425 Hudson
St. in Hoboken, to Strand Salon
Studios. Daniel Bodner of Alvarea
and Marsal Property Solutions
represented the landlord, while The
Goldstein Group’s Marc Palestina
represented the tenant.
CRONHEIM MANAGEMENT leased
1,640 square feet at Fox Chase
Center, a 25,000-square-foot
strip center at 322 Route 22 in
Bridgewater, to HotWorx. Chandler
Vanderbeek and Connor Vanderbeek
of Bussel Realty Corp. represented
the landlord.
A private buyer purchased 811
Passaic Ave., a restaurant property in
West Caldwell. Roman Drukarov of
Berkshire Hathaway Homeservices
Fox & Roach, Realtors, represented
the seller, while George Eggers of
KenKap Realty Corp. represented the
buyer.
FINANCE
A life insurance company provided
$50 million in fi nancing to the owner
of a 275-unit multifamily property in
Westampton. JLL’s Michael Klein and
Gerard Quinn sourced the fi ve-year,
fi xed-rate loan on the borrower’s
behalf.
PRIME FINANCE provided $16.8 million
in acquisition and bridge fi nancing
to Lincoln Property Co. and Ullico
Investment Advisors, the buyers of a
138,852-square-foot industrial building
in Hamilton. JLL’s Jon Mikula, Jim
Cadranell and Kevin Badger sourced
the debt. RE
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