18A — March 2026 — Northern New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N orthern N ew J ersey
ORTHERN NJ — Horvath & Tremblay has completed the sale Lombardi and Presta orchestrate Northen NJ deals Horvath & Tremblay inks sale of 3 NJ props. for $4,355,000 N
Accordia signs 76,300 s/f office deals in Northern NJ
FAIRFIELD, NJ — Accor- dia announced nearly 80,000 s/f of new leases and renew -
als across two assets in its NNJ office portfolio. Le a s i ng activity was robust at two cornerstone assets within the portfolio
of three New Jersey retail properties for $4,355,000. Michael Lombardi of Horvath & Tremblay has suc - cessfully completed the sale of Brownstone Mill in Mid - land Park, NJ. Horvath & Tremblay represented the seller
River Drive Center II
Frank Recine
— River Drive Center II at 669 River Dr. in Elmwood Park and Greenbrook Executive Center at 100 Passaic Ave. in Fairfield. “Top-tier tenants continue to prioritize well-located, profes - sionally managed properties,” said Frank Recine , principal, Accordia. “We take pride in ac - tively managing our buildings and continually enhancing the tenant experience.” Recent leases negoti - ated by Accordia include: • Keyence Corporation — 20,000 s/f lease extension. Tenant broker: Acclaim Realty (Mike Nicholson) • Jerusalem Financial Group Inc. — 1,400 s/f new lease • Loyas, Legutko, My - ers Insurance Services — 3,500 s/f lease extension • DLA, LLC — 2,500 s/f new lease. The firm provides a full range of internal audit and accounting advisory services. Tenant broker: JLL (Matt McDonough) Greenbrook Executive Center recent leasing activity includes: • NJOLS — 2,300± s/f, Land - lord brokers: JLL (Fred Hy- EDISON, NJ — The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC) continues to capitalize on Northern New Jersey’s high- demand infill industrial mar - ket, closing four transactions totaling more than 47,500 s/f of warehouse space and one acre of industrial outdoor stor - age (IOS) in Linden and Ke - arny, two supply-constrained industrial submarkets. The transactions underscore the sustained strength of sub- 50,000 s/f industrial product and IOS space near Port New - ark/Elizabeth and Newark Liberty Airport. In Linden, MIG represented CHS Development in leasing 2500 Brunswick Ave.
Greenbrook Executive Center att, Derek DeMartino) and Accordia • Administrative Offices of the Courts — 3,500± s/f lease exten - sion. Landlord brokers: Hyatt and DeMartino • Woodmont Properties — 17,000± s/f lease extension. Landlord brokers: Hyatt and DeMartino. Tenant broker: As- sociated Realty • e.l.f. Cosmetics — 10,000± s/f. Tenant broker: C&W (Jona- than Schindler, Mark Zazin- ski). Landlord brokers: Hyatt and DeMartino • VACO — 3,500± s/f lease ex - tension. Tenant broker: C&W (Joshua Cohen, Dan Woodley) • OMNI Eye Care — 8,700± s/f lease extension. Tenant broker: NAI Geiss Realty Group, Inc. (Paul Wolfson ). Land - lord broker: C&W (William O’Keefe, Mark Zazinski & Patrick Decker) • NJIIF — 3,900± s/f. Tenant broker: CRESA (Michael Ep- stein, Mitch Roman). Land - lord broker: O’Keefe, Zazinski & Decker MAREJ
Michael Lombardi
Brownstone Mill in Midland Park, NJ
Marc Presta
and sourced the buyer to com - plete the transaction at a sale price of $2.825 million. Brownstone Mill is located at 11 Paterson Ave. in Mid - land Park. The Brownstone Mill Shops consist of 13,772 s/f spread across four buildings on a large 7.15-acre corner parcel. The property has enjoyed out - standing historical occupancy and is currently 97.34% leased. Brownstone Mill Shops are home to 21 tenants and one vacant unit. The property is situated in the center of Midland Park’s commercial district adjacent to the busy Goffle Rd. and God - win Ave. commercial corridors. The property is seconds from the town’s two grocery stores (Kings Food Market and Acme Market), CVS, Petco, Starbucks and several national quick serve restaurants. Lombardi also facilitated the sale of a vacant building located at 510 Central Ave. in Jersey City. Horvath & Tremblay
679 Bloomfield Ave. in Verona, NJ
represented the seller and procured the buyer to complete the transaction at a sale price of $740,000. The property consists of a three-story, 2,000 s/f building with 25 feet of frontage along Central Ave. and on a 1,275 s/f (0.03-acre) parcel of land. The property is zoned neighbor - hood commercial, one of the most versatile designations in Jersey City. 510 Central Ave. is a short walk from Summit Ave., Paterson Plank Rd. and JFK Blvd., which along with Central Ave. are the area’s primary retail corridors. Marc Presta and Michael Lombardi of Horvath & Trem - blay have completed the sale of a mixed-use building in Verona. Horvath & Tremblay
represented the seller to com - plete the transaction at a sale price of $790,000. The mixed- use building is located at 679 Bloomfield Ave., and consists of a two-story mixed-use build - ing with a total of three units comprised of one commercial unit and two residential units in 2,942 s/f on 0.2-acres of land. The property is fully occupied and includes a detached garage and on-site parking at the rear of the property. The current residential rents are below market offering significant upside by achieving market rates upon lease renewal or re-tenanting. The property is well located along Bloomfield Ave. (NJ Rte. 506), the area’s primary commercial and com - muter corridor. MAREJ
Metz Industrial Group closes 47,500+ s/f of industrial, IOS Deals
1600 Lower Rd.
76–104 Third Ave.
Marcus & Millichap brokers sale of Hoboken mixed-use bldg.
20,000 s/f at 2500 Brunswick Ave. (Building B) to Weida Freight Systems. The team also secured a one-acre IOS lease at 1600 Lower Rd. to Al - pha Cargo Transport on behalf of 1600 Lower Road Associ - ates. Weida Freight Systems was represented by CBRE . In Kearny, MIG represented RHS Hope LLC in leasing two units at 76–104 Third Ave.: 20,000 s/f to PuroClean of Newark and 7,500 s/f to Fes - tive Planet. Both tenants were represented by CRP NJ . MIG is led by Jordan Metz , principal, alongside Benito Abbate , senior as - sociate, and James Friel , sales associate. MAREJ
HOBOKEN, NJ — Marcus & Millichap announced the sale of a mixed-use retail and residential building in Hoboken, for $3,470,000. “This marks our third suc - cessful closing on Washing - ton St. in the past 60 days,” said Devin Perez , associ - ate director investments. “Investor demand remains strong for well-positioned mixed-use properties along this premier retail corridor, supported by Hoboken’s un - derlying fundamentals and long-term retail outlook.” Perez, Alan Cafiero and Brent Hyldahl , investment specialists in Marcus &
312 Washington St.
consists of three units, includ - ing one ground-floor retail space and two residential apartments. Built in 1920, the building totals 3,550 s/f. MAREJ
Millichap’s NJ office, repre - sented the private seller in the transaction. The four-story property is at 312 Washington St. and
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