16B — March 2026 — Best of 2025 — M id A tlantic Real Estate Journal
www.marej.com
The LARGEST RETAIL LEASE of 2025 NAI Summit Shops at Bethlehem Bethlehem, PA Bennett Williams Commercial Beltway Towne Centre Mechanicsburg, PA
Levin Management Corp. St. Georges Crossing Woodbridge, NJ
Size: 38,459 SF Brokers: E.J. Moawad
Size: 25,312 SF Brokers: Jennifer Kennedy, Vice President
Levin Management Corporation secured a 38,459 s/f lease with Burlington at St. Georges Crossing in Woodbridge, NJ, marking the largest lease transaction and bringing the property to 100% occupancy. A 343,000 s/f, ShopRite-anchored shopping center at the high-traffic intersection of Routes 1 & 9 and Route 35, St. Georges Crossing is a proven regional draw. The deal was completed ahead of the prior P.C. Richard & Son closure, enabling a smooth transition with minimal downtime and maintaining leasing momentum. Burlington’s addition strengthens the merchandising mix and long-term stability, supporting consistent traffic and value for ownership— an example of proactive, strategic re-tenanting executed with precision.
Newly established Asylum Fitness leased a prominent end-cap retail suite at the Shops at Bethlehem, bringing a dynamic fitness tenant to the neighborhood shopping center. Previously occupied by a gym, the space was near move-in ready for the new tenant. Suite features traditional gym amenities, including individual
Bradley Rohrbaugh
Chad Stine
Dave Nicholson
Size: 130,000 SF on 16 Acres Brokers: Bradley Rohrbaugh, Chad Stine, and Dave Nicholson 130,000 s/f new retail development in Mechanicsburg , PA along the Carlisle Pike. Tenant’s include BJ’s Wholesale Club, Raising Cane’s, 7 Brew, CAVA, Firehouse Subs, T-Mobile, Panda Express, Hotworx, Wonder, Honey Grow, Shake Shack and Stretch Zone.
Jennifer Kennedy
fitness rooms, an expansive open layout, and flexibility for tenant customization. NAI Summit represented both parties in the transaction; Jennifer Kennedy negotiated on behalf of ownership.
The LARGEST MULTIFAMILY SALE of 2025 The Kislak Co., Inc. Union County Portfolio New Jersey JLL Capital Market 77 Park Ave. Hoboken, NJ Hudson Atlantic Realty 803 South Apartments Plainfield, NJ
Size: 540 Units Brokers: Jeff Squires
Size: 301 Units Brokers: Jose Cruz, Steve Simonelli, Michael Oliver, Elizabeth DeVesty, and Austin Pierce JLL Capital Markets secured the sale of 77 Park, a 301- unit multifamily community in Hoboken, NJ. JLL worked on behalf of the seller, Equity Residential. The buyer was JRK Property Holdings. Located at 77 Park Ave., the property offers residents prime connectivity to Manhattan with the Hoboken Terminal and PATH train station just five minutes away, providing direct access to downtown Manhattan in 15 minutes. The community sits steps from Washington Street, Hoboken’s vibrant main thoroughfare featuring diverse restaurants, boutique shops and national retailers including Anthropologie and Nike. The location provides easy access to the Holland Tunnel and Lincoln Tunnel.
Locations: Elizabeth, Rahway, Roselle, Roselle Park, NJ The portfolio includes a mix of studio apartments, one-bedroom units and two-bedroom units in suburban garden apartment complexes throughout Union County, New Jersey, all with on-site parking and a variety of amenities. All of the properties are well located among an abundance of commercial offerings and convenient mass transit options to and from New York City and throughout northern and central New Jersey. Squires said, “The sale of the portfolio represents an extraordinary value-add opportunity for the purchaser to acquire over 500 well-maintained units in some of the strongest rental markets throughout northern New Jersey. Most of the properties had been owned and managed by the original developer’s family across three generations.
Size: 104 Units Brokers: Adam Zweibel, President
Hudson Atlantic Realty, the leading multifamily broker- age in New Jersey, announced on August 20, 2025, the sale of 803 South Apartments, a newly built 104-unit luxury residential mixed-use building. The property sold for $39 million, representing $375,000 per unit, and was exclusively listed and brokered by Adam Zweibel, President of Hudson Atlantic Realty, on behalf of developer Romema Capital. Completed in 2023, it features high-end residences, contemporary layouts, and 15,000 s/f of amenities, including a pool deck, fitness center, and co-working lounge. This sale set a new standard for luxury living in Plainfield.
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