SRM NEWS Q1 2017

CURRENT SRM LOGO

SRM IS OFF TO A BUSY Q1 OF HIGH CALIBER TRANSACTIONS AND ASSIGNMENTS THROUGHOUT NEW JERSEY

New Assignment for Sale:

26-28 Sparta Avenue/CR181), Sparta

Redevelopment opportunity on 0.42 acre (former Sparta Queen Ice Cream) Zoned retail/commercial. Level, highly visible Property is well suited for commercial redevelopment and affording excellent ingress/egress.

Offered for Sale:  $730,000.00

28 SPARTA

SEPORATOE

Recently Sold:

2 Shunpike Road in Madison a two story 12,490 SF multi-tenant professional office building sold on behalf of the Simoff Family to an investment group led by Mike Choi for $1.6M.

SHUNPIKE

SEPORATOE

Property Management Assignment:

Sparta Business Campus

376-382 Lafayette Road (Hwy 15), Sparta

Sparta’s premier professional medical complex on 25 acres comprising twin buildings of 47,689 SF.  Sparta Business Campus recently acquired a New York investment firm and we are proud to continue be reappointed as managing agent.  Management Company.  The property is slotted for renovation this year with approved future expansion.

SPARTA BIZ CAMPUS

SEPORATOE

Shoppes at DePiero Farm, Montvale

Bergen County’s premier grocery anchored life style development is well under construction and Wegmans is scheduled to open its first supermarket within Bergen County September of this year!  Limited retail available for lease from 1,200 SF– 12,000 sf seeking fashion and home furnishings with a delivery of Q3!

DEPIERO FARM

SEPORATOE

Smashburger Opening this April in Cedar Glen Shopping Center

40,852 SF community shopping center anchored by a World Class 67,000 SF ShopRite Supermarket. Accessible from both Routes 22 & 28/CR 614 Branchburg Somerset County

CEDAR GLEN

908.604.6900 s info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

www.silbertrealestate.com