16A — June 26 - July 16, 2015 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal Specializes in serving clients in Hudson County Steven Matovski joins Redwood Realty as a director
AUCTION July 8TH
Chesapeake Bayfront Waterfront Development Opportunity 724 Water Street, Charlestown, Cecil County, MD
• 5.4± Acres with Riparian Rights • Marina Site for 108 Slips • Potential to Develop as Multi-Unit Residential Community
Minimum Bid $395,000
A S B R O U C K HEIGHTS , NJ — Redwood Rea l t y A d v i s o r s announc ed that Steven Ma t o v s k i has j o i ned the firm as a director. Ma- tovski wi l l s p e a r h e a d Redwood Re- alty’s expansion in Hudson County. “We are planning to expand aggressively in that market, and we believe Steven is an excellent choice to lead that E As always, well-located shopping centers with a strong tenant mix and curb appeal continue to draw retailers, consumers and investors. At the same time, we see some strengthening in the demand for those properties in sec- ondary positions. Landlords are becoming more creative Steven Matovski
of private and institutional investor clients, developers and lenders. “I am excited to join Red- wood Realty Advisors and help them to grow the com- pany,” said Matovski. “They take a true team approach to every assignment, and their exclusive focus on multifamily allows us to put a laser sharp focus on excelling in this sec- tor.” Matovski is a graduate of William Paterson University where he concentrated in busi- ness administration. He also earned the distinction of being inducted into the Beta Gamma Sigma Honor Society. n – including grocers, affordable fitness chains, off-price retail- ers and fast-casual restaurants, among others – will continue to drive vacancies down and rental rates up. And the level of development activity – both for new projects and expansions/ renovations – speaks to grow- ing confidence in the future of the retail sector here. n
effort,” said Thomas Mc- Connell, CCIM , managing partner at Redwood Realty Advisors. Matovski is recognized as a top-producing multifam- ily agent in New Jersey who specializes in serving clients in Hudson County. “Steven’s multifamily expertise in the industry, and inHudson Coun- ty specifically, make him a great addition to our team,” adds McConnell. Matovski has worked in the industry since 2008, most recently serving as a senior associate at Marcus & Millichap. He has a track record of advising a variety in their approach to leasing these shopping centers, and working hard to distinguish their properties as attractive alternatives. The outlook for Northeast retail remains nothing but positive through the balance of 2015 and beyond. Demand from national, local and franchise companies in active categories
Property Previews June 17 & 24 12-2PM
In Cooperation with Alliance Realty & Associates Auction USA 302-678-9000 a Licensed MD Broker
July 9TH
Waterfront Development Site At Otten's Harbor 789 West Montgomery Ave, Wildwood, Cape May County, NJ By Order of the Estate David S. DeWeese, Esq. Executor of the Estate
Property Previews: June 18th & 25th 12-2PM • 1.179± Acres • Prime location for Multi-family, condos, townhomes or single family development • 25 boat slips
888.299.1438 / maxspann.com
continued from page 2A Robust Northeast Retail Real Estate Market Spurs . . .
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