SRM IS AWARDED SEVERAL NEW PROPERTY MANAGEMENT AND LEASING ASSIGNMENTS- Q4

NEW PROPERTY MANAGEMENT ASSIGNMENT – ROUTE 46 PARSIPPANY

199-200 Baldwin Road, Parsippany, Morris County NJ

According to David Marconi, VP Property Management, on behalf of owner DHJ Management Inc, SRM is pleased to announce it was hired as property manager of Baldwin Plaza, a 46,000 SF shopping center anchored by Walgreens and comprising tenants Concentra Urgent Care, C2 Education, Enterprise among others. 

Serving Parsippany residents and commuter traffic, the shopping center was renovated in 2016 and is situated at the signalized intersection of Route 46 & Baldwin Road, less than 1 mile of I-80.  According to David Marconi, “this active, successful retail property has a number of tenants that this company has in other company managed assets and will allow for a smooth transition and quality management under the direction of our organization.”

TALBOTS PLAZA FULLY LEASED!

25 Sparta Avenue, Sparta, Sussex County NJ

As managing and leasing agent since the development of this Sparta Planning Board award winning shopping center, it is once again fully leased and 100% occupied and anchored by Talbots since inception.

Situated within Sparta’s affluent downtown, the shopping center comprises women’s well-known apparel retailer Talbots, as well as an established hair salon and a pet grooming facility which serves the community and nearby municipalities with these established retail businesses.

11.22 ACRES OF DEVELOPMENT LAND AVAILABLE FOR SALE– BASKING RIDGE

3074-3066 Valley Road, Basking Ridge,  Somerset County NJ

Two contiguous parcels of land along Valley Road (CR512) totaling ±11.22 acres with 450’ frontage and approximately 1.3 miles north of 4-way interchange I-78 exit 36.  This premier location within upper middle-income Bernard’s Township, for future redevelopment comprises a level topography, mostly open with each lot containing a residential dwelling.  The lands are situated within the R-6 zone affording a wide range of potential uses and development will be served by public utilities.

OFFICE/PROFESSIONAL BUILDINGS FOR SALE WITHIN THE CENTER OF WARREN TWP

67A & 67B Mountain Blvd. Extension, Warren Twp., Somerset County NJ 

According to Brian S. Silbert, President & CEO, the firm has been hired by the long-time ownership to market and sell the 61,000-sf office complex.  Located one block south of the signalized intersection of Mt. Bethel Road and Mountain Blvd., the 61,000-sf complex comprises a 28,000-sf office building and a 33,000-sf office building situated on a total of 5.21 acres and well suited as a potential company headquarters.  To the north are woods and green area allowing for a peaceful, unique setting for prospective future property owners, walking distance to Warren’s many stores, banks, restaurant establishments and medical, while situated less than 2 miles from I-78 exit 36 and State Route 22. The buildings will be delivered at closing free of tenants and in move in condition.

FOR INFORMATION ON THESE AND OTHER OUTSTANDING OPPORTUNITIES

908.604.6900 info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

WWW.SILBERTREALESTATE.COM

SILBERT ANNOUNCES PROPOSED REGIONAL RETAIL DEVELOPMENT

GREEN BROOK TOWNSHIP, SOMERSET COUNTY NJ

BRIAN S. SILBERT, PRESIDENT AND CEO OF SILBERT REALTY & MANAGEMENT HAS ANNOUNCED HIS FIRM HAS BEEN RETAINED BY OWNER/DEVELOPER GREEN BROOK MEADOW, LLC AS THE EXCLUSIVE BROKER AND CONSULTANT FOR THE LARGEST UNDEVELOPED COMMERCIAL PROPERTY ALONG EAST-WEST ROUTE 22 BETWEEN UNION AND SOMERSET COUNTIES. ACCORDING TO SILBERT, THE 14-ACRE PROPERTY SITUATED AT THE SIGNALIZED INTERSECTION OF WARRENVILLE ROAD AND ROUTE 22 WITH OVER 900 FEET OF HIGHWAY FRONTAGE IS ZONED REGIONAL HIGHWAY COMMERCIAL WILL BE SERVED WITH SANITARY SEWER, CITY WATER, GAS/ELECTRIC AND HIGH-SPEED INTERNET. THIS PREMIER HIGHWAY LOCATION WITH OVER 65, 000 CARS PER DAY WILL ULTIMATELY COMPRISE SEVERAL MAJOR NATIONAL RETAIL TENANTS THAT WILL SERVE THE COMMUNITY AND REGION AS A WHOLE AND CREATE A VALUABLE TAX RATE ABLE. BORDERED BY WATCHUNG AND NO. PLAINFIELD TO THE EAST AND BRIDGEWATER TO THE WEST, THIS OUTSTANDING PROPERTY WILL AFFORD NAT’L RETAILERS A MAJOR PRESENCE WITHIN GREEN BROOK AND SITUATED LESS THAN THREE MILES SOUTH OF I- 78 EXIT 36 FULL FOUR-WAY INTERCHANGE. NO TENANT COMMITMENTS HAVE YET BEEN ANNOUNCED AND CONSTRUCTION IS ANTICIPATED TO BE COMMENCED SUMMER 2020.

FOR INFORMATION ON THESE AND OTHER OUTSTANDING OPPORTUNITIES

908.604.6900 s info@silbertrealestate.com

Silbert Realty & Management Co. Inc.

www.silbertrealestate.com