4-28-17

Real Estate Journal — Shopping Centers — ICSC RECon Las Vegas — April 28 - May 11, 2017 — 7A

www.marejournal.com

M id A tlantic

ICSC REC on L as V egas

Completing high caliber transactions & assignments throughout NJ Silbert Realty & Management Company is off to a busy Q1

N

ew Jersey — Sil- bert Realty & Man- agement Company,

Inc. (SRM) completed the fol- lowing transactions in the 1st quarter of 2017: New Assignment for Sale: 26-28 Sparta Avenue/CR181), Sparta Redevelopment opportunity on 0.42 acre (former Sparta Queen Ice Cream) Zoned re- tail/commercial. Level, highly visible Property is well suited for commercial redevelopment and affording excellent ingress/ egress. Offered for Sale: $730,000.00 Recently Sold: 2 Shunpike Rd. in Madison a two story 12,490 s/f multi- tenant professional office build- ing sold on behalf of the Simoff Family to an investment group led by Mike Choi for $1.6 mil- lion. Property Management Assignment: Sparta Business Campus 376-382 Lafayette Rd. (Hwy 15), Sparta. Sparta’s premier professional medical complex on 25 acres comprising twin buildings of 47,689 s/f. Sparta Business Campus recently acquired a New York investment firm and we are proud to continue be reappointed as managing agent. The property is slotted for renovation this year with approved future expansion. Shoppes at DePiero Farm, Montvale Bergen County’s premier gro- cery anchored life style develop- ment is well under construction and Wegmans is scheduled to open its first supermarket within Bergen County Septem- ber of this year! Limited retail available for lease from 1,200 s/f – 12,000 s/f seeking fashion and home furnishings with a delivery of Q3! Smashburger Opening April in Cedar Glen Shopping Center 40,852 s/f community shop- ping center anchored by a world class 67,000 s/f ShopRite Super- market. Accessible from both Routes 22 & 28/CR 614 Branch- burg Somerset County. n Sparta Business Campus

26-28 Sparta Avenue/CR181

2 Shunpike Road

 Real Estate Brokerage  Property Management

 Asset Repositioning  Retailer Advisory Services

“Relationships Built On Results Since 1986”

CONTACT US TO SCHEDULE A MEETING 908.604.6900 or info@silbertrealestate.com www.silbertrealestate.com

WE WILL BE ATTENDING THE RECON CONVENTION MAY 21-24, 2017 LAS VEGAS CONVENTION CENTER

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