S hopping C enters N ew J ersey
Real Estate Journal — New Jersey — Section B
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Transaction negotiated on behalf of BNE Real Estate Group Jeremias of Meridian Capital Group arranges $52M in financing for a multifamily community
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BERDEEN, NJ — Me- ridian Capital Group arranged $52 million in
best-in-class amenities such as stainless steel appliances, quartz countertops, central heating and cooling, in-unit washers and dry- ers, and wood-style flooring. The Link at Aberdeen Station is located less than 30 miles south of Manhattan and enjoys easy access to the city via the New Jersey Transit at the Aberdeen- Matawan train station, which is conveniently located next to the property. Residents also benefit from a quick commute to New Jersey’s popular shore locations. "The Link at Aberdeen Station is a newly-developed, contem- porary style community that is a stand-out property in the area," said Jeremias. "Meridian success- fully structured permanent financ- ing on the property with favorable terms to replace the construction loan while the asset was in the middle of the lease-up process."
financing to r e f i n a n c e a mu l t i f ami l y community in Aberdeen on behalf of BNE Real Estate Group . The 15-year loan was pro-
Marvin Jeremias
vided by a life insurance company and features five years of interest- only payments. This transaction was negotiated by Meridian man- HI-LIGHTS APRIL 12 - 25, 2019
The Link at Aberdeen Station nity consisting of five, five-story buildings totaling 227 studio- to two-bedroom units. The prop- erty was constructed at the end of 2018 and offers residents an array of community benefits,
aging director, Marvin Jeremias , who is based in the company’s Iselin office. Located at 1101 Schindler Dr., the Link at Aberdeen Station is a luxury multifamily commu-
including a gated entry, resident lounge, private conference room, outdoor swimming pool, electric car charging stations, and 24- hour onsite maintenance, while individual apartments feature
Weiss Realty announces available retail/ office space at Colonial Village in Edison
SPOTLIGHT
EDISON, NJ — Matthew Weiss , managing member of Colonial Village Associ-
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ates , LLC, the centers leasing and m a n a g i n g agent , has announc ed that 1 , 600 s/f of prime retail space and several
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Matthew Weiss
professional andmedical office suites are currently available at Colonial Village Profes- sional Office Park and Shop- ping Center located at the signalized intersection at Lincoln Highway, Rte. 27 and Parsonage Rd. in Edison. Colonial Village comprises 20,000 s/f of retail servic- es, dining and shopping and 50,000 s/f of offices situated in five buildings on six attractive- ly landscaped acres with 400 parking spaces. Located at the crossroads of Central New Jer- sey, it is noted for its on-site dining and shopping including highly rated LouCas Italian Seafood Restaurant, Brooklyn Boys Pizza, EDO Fatcup and
Colonial Village Professional Office Park and Shopping Center
Meemah’s Chinese restaurant. Located directly across from JFK Medical Center, there are many highly respected medical practitioners located at Colonial Village who serve nearby Metuchen, Edison Township and surrounding communities. “Colonial Vil- lage offers office and medical tenants an ideal location and conveniences they won’t find anywhere else” said Matthew Weiss , the center’s leasing agent. “We are ready to welcome new office andmedical tenants
to Colonial Village” continued Weiss. “Its the premier loca- tion for small medical and pro- fessional offices such as educa- tors, accountants or dentists. What makes Colonial Village so attractive is that it’s sur- rounded by densely populated residential and commercial development. It’s accessible from major highways, near Exit 132 of the Garden State Pkwy., the New Jersey Tpke. and I-287 and located only minutes from the Metuchen Commuter Rail and Metro Park Transit Station.”
In addition to the 1,600 s/f retail space available, seven office suites from 410 s/f - 3,040 s/f are available at Colonial Village. Several of the medical suites are for immediate occupancy and can be built-to-suit. Ten- ants benefit from a 113,000 population count within a 3 mile radius with an average household income of over $97,000. Over 27,000 cars per day pass Colonial Village a day making Colonial Village an excellent place to shop, dine and work.
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