TFE acquires two-building, 3,300 sq. ft. retail property in Flemington retail corridor

Sep 19, 2024 | Deals, Retail and Entertainment

224 South Main St. in Flemington — Courtesy: TFE Properties

By Joshua Burd

TFE Properties has added nearly 3,300 square feet of retail space to its portfolio with its acquisition of two freestanding buildings in Flemington.

In a news release, the firm said the properties at 224 South Main St. are near the Flemington Circle, seconds from Route 202 and surrounded by major retailers and businesses. They occupy a combined 1.4 acres at the nexus of five streets, spanning 2,325 and 966 square feet.

“We’re excited about the potential of this location in Flemington,” said Carey Tajfel, president of TFE Properties. “It’s in an excellent location that is easily accessible to the surrounding homes and communities, while being in a highly visible, highly trafficked spot for passersby to access.”

The East Windsor-based firm noted that the nearby roads have daily traffic of 20,000 vehicles, as well as more than 36,000 people in a five-mile radius. It plans to repurpose the property with an alternative use.

“We’re confident any retailer that moves into the building will thrive because of its prime location in the prominent town of Flemington,” Tajfel said.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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