Monthly Archives: May 2020

YES, WE’RE CLOSING DEALS!

DAVID GREENMAN AND CHRISTIAN HARRINGTON HAVE TEAMED UP ON EIGHT PROPERTY PORTFOLIO!

97 Mount Bethel Road, Twp. of Warren, Somerset County New Jersey

We are pleased to announce the sale of this two-story 7,800 SF office building off Exit 36 of I-78.  The building was sold to Clarity Labs, an established clinical testing company throughout New Jersey.

1329 Route 22, Borough of Mountainside, Union County New Jersey

This 1-acre property was sold to the Borough of Mountainside as an expansion to existing municipal facility also on Route 22.  According to Harrington, the sold property will be used by the Public Works Dept to serve the community.

670 Union Blvd., City of Allentown, Lehigh County Pennsylvania

This one-story building situated at the intersection of Union Blvd and N. Gilmore Street was sold to Liberty Propane, long time PA based company to be used as a 3rd location that will serve customers in the Allentown PA region.

FOR INFORMATION ON OTHER OPPORTUNITIES

908.604.6900 info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

WWW.SILBERTREALESTATE.COM

SRM CHOSEN AS EXCLUSIVE RETAIL LEASING AGENT FOR THE FORMER TOYS-R-US HEADQUARTERS IN WAYNE NJ

1 Geoffrey Way, Wayne Township, Passaic County NJ

Former Toys “R” Us headquarters complex available for lease; three-building complex totals 675,000 square feet. 

JLL was selected by Dobco, Inc. as exclusive leasing agent for One Geoffrey Way in Wayne, NJ. The firm will provide a full range of marketing and leasing services for the Class A, 675,000-square-foot, headquarters-quality complex. JLL Executive Managing Director Frank D. Recine, Executive Vice President Christopher DeLorenzo and Senior Vice President Brendan McBride will work closely with the Dobco, Inc. to reposition the asset as a multitenant, mixed use development project, that will include Class A office, flex and retail space.

JLL and Dobco have partnered with Silbert Realty & Management,  Brian S. Silbert, President & CEO, and David Greenman, Senior Vice President Retail Service Group, to assist with the marketing and leasing of the retail portion of the development.

Stay tuned for further updates!

FOR INFORMATION ON THESE AND OTHER OUTSTANDING OPPORTUNITIES

908.604.6900 info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

WWW.SILBERTREALESTATE.COM

GLOBAL MEDICAL PROVIDER SIGNS LONG TERM LEASE WITHIN FINAL PHASE OF MIXED-USE IN TENAFLY NJ

64 Hudson Avenue, Borough of Tenafly, Bergen County, New Jersey

On behalf of prominent owner/developer JMP Holdings, Saddle Brook NJ, SRM is pleased to announce that Fresenius Medical Care, a global leading provider of dialysis products and services, has signed a long-term build-to-suit lease for new construction of approximately 10,000 SF at 64 Hudson Avenue in Tenafly.  SRM’s broker was David A. Greenman, Senior VP Retail Services Group.

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The first-class architectural designed building will be constructed within the remaining phase of The Plaza at Tenafly, a highly successful mixed-use luxury condominium townhome community developed by JMP Holdings and consisting of 148 units and TD Bank drive-thru branch. The proposed 11,000 SF commercial medical building will be situated adjacent the bank along Hudson Avenue with a highly desirable ±1100 SF remaining for lease.  The new construction of final Phase III is slated for completion and occupancy by Fresenius Medical Care Q2 2021.

FOR LEASING INFORMATION CONTACT

David A. Greenman

Sr. VP Retail Services Group

908.604.6900 x 106 dgreenman@silbertrealestate.com

FOR INFORMATION ON THESE AND OTHER OUTSTANDING OPPORTUNITIES

908.604.6900 info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

WWW.SILBERTREALESTATE.COM