Category Archives: Real Estate Insights

THREE PROMINENT NEW TENANTS COMING TO THE SHOPPES AT DEPIERO FARM

Borough of Montvale, Bergen County NJ

As exclusive managing and leasing agent of this premier shopping center since its inception, SRM is excited to announce that Lululemon, Chopt and CityMD will be opening this fall at Wegman’s first Bergen County anchored shopping center in Montvale.

The Shoppes at DePiero Farm, owned and developed by The S. Hekemian Group, is a 231,000 SF lifestyle center, and approximately 98% leased within section 2 to major national tenants some of whom include;  Ulta, Starbucks, Chase Bank, Chipotle, Habit Burger, Orange Theory, Vanilla Sky, First Watch restaurant among others.  

  • Lululemon Athletica is a publicly traded company with over 460 stores throughout the US and Europe.  The company specializes in yoga pants and other athletic wear and accessories. This truly exciting store is sure to be a great addition to the shopping center;
  • Chopt Creative Salad Company is an American chain with several locations on the east coast. Chopt boasts healthier fare of using no sugar in their dressings and instead substituting with Agave nectar and honey as replacements in sweet dressings. Besides salads, “salad sandwiches” salads wrapped in tortillas and regular wrap sandwiches; yummy I bet your hungry now!
  • CityMD is a healthcare company with 120 locations in the northeast and Washington state.   Not just an urgent care facility, you are able to schedule physical exams with rapid lab tests, screening, vaccinations, x-rays or choose virtual care.  CityMD is slated to open in the freestanding building adjacent Wegmans.

Section 3 expansion of this Montvale success will be underway in 2021.  According to Brian Silbert, the firm’s President and CEO, limited leasing opportunities remain.  Call today!

Stay tuned for the official opening dates of these outstanding new tenants!

FOR INFORMATION ON THIS AND OTHER LEASING OPPORTUNITIES:

908.604.6900 – info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC. –  www.silbertrealestate.com

Wishing you and yours a safe and happy holiday weekend!

LEASING OPPORTUNITY AT KINGS SUPERMARKET ANCHORED BERNARDSVILLE CENTER

80 Morristown Road (SR202), Borough of Bernardsville, Somerset County NJ

Affluent Bernardsville and the areas most successful shopping center comprising 74,000 SF of GLA, completely renovated and expanded between 2018 and 2019.  Leased in part to prominent national tenants and anchored by fully renovated and expanded Kings Supermarket!

Available Units from 1,760 SF to 4,221 SF

  • On-site parking for 341 vehicles;
  • Situated 2 miles off Exit 26B of I-287;
  • Tenants include, Chipotle, Starbucks, PetValu, verizon, Supercuts, Gary’s Wine & Marketplace, Jersey Mike’s Subs among others;
  • Abutting Bernardsville High School and surrounded by luxury housing;
  • Adjacent properties include ShopRite, CVS Pharmacy, TD, PNC & Chase Banks, plus Class “A” office/medical

FOR INFORMATION OR INSPECTION CONTACT:

Brian S. Silbert, President & CEO

908.604.6900 x 116 or info@silbertrealestate.com

http://www.silbertrealestate.com/listing_details.php?id=267&search=bernardsville

MIXED USE RETAIL/ OFFICE DEVELOPMENT FRANKLIN COMMONS NOW FULLY LEASED!

454-458 Elizabeth Avenue, Twp. of Franklin, Somerset County, NJ

SRM announced that Franklin Commons, a 60,100 SF mixed-use commercial development anchored by CVS Pharmacy and Chase Bank leased originally through SRM and a prior owner, has once again been re-leased.    Joel Tomlinson, Assistant VP Retail Brokerage Dept successfully negotiated two new leases on behalf of the landlord for both the office and retail portions within each phase of Franklin Commons.   

Performance Rehabilitation & Regenerative Medicine has leased 6,300 SF in the 21,600 SF medical/professional building.  This will be the third location for this successful physical therapy practice and on track to open this fall.

Tomlinson has also leased 3,390 SF in the adjacent retail building to a new and exciting restaurant concept.  The experienced restaurant operators of a successful  Mediterranean concept have embarked on a different venue for Franklin Commons as their new restaurant specializes in fresh burgers, chicken and salads and is scheduled to open this summer!    

With these two new leases the office and retail complex surrounded by new housing and other commercial and industrial development along Elizabeth Avenue is now 100% leased according to Franklin Commons LLC.

Broker Contact:

Joel Tomlinson, Ass’t VP Retail Brokerage

908.604.6900 x 108 , jtomlinson@silbertrealestate.com

FOR INFORMATION ON  OTHER OPPORTUNITIES CONTACT:

908.604.6900, info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

WWW.SILBERTREALESTATE.COM

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