10-11-13

Mid Atlantic Real Estate Journal — New Jersey — October 11 - 24, 2013 — 17B

www.marejournal.com

N ew J ersey

Specializing in multi-family, Regal Bank is ready to lend.

Fitzsimmons of Murray Construction assists ZimmermanofBRCreps. both parties in 11,100 s/f lease

$2,500,000 432unitmulti-familybuilding Haddonfield,NJ

$3,000,000 44unitmulti-familybuilding UnionCity,NJ

$1,400,000 35unitmulti-familybuilding EastOrange,NJ

E

$1,410,000 27unitmulti-familybuilding EastOrange,NJ

DISON, NJ — Bussel Realty Corp. (BRC) represented Robinson

Elevator in leasing11,100 s/f at 652-654 Rahway Ave. in Union, a free-standing office/indus- trial build- i ng . BRC a l so repre -

•Non-recourse loans available up to $4.5 million • Low interest rates • Extended amortization • Flexible prepayment options

Herb Zimmerman

Livingston, Roseland, Florham Park, Millburn & West Orange (973) 716-0600 • regalbanknj.com

sented the landlord, Murray Construction . BRC senior vice president Herb Zimmer- man was responsible for the transaction along with Brian Fitzsimmons of Murray Con- struction. “Robinson Elevator required a stand-alone property with a significant amount of office space, tailboard loading and easy access to a commuter train station as well as major roadways,” commented Zim- merman. “This property met these needs and provides an ideal location for its elevator services business.” Located in between Morris Avenue and Route 22, 652-654 Rahway Avenue is an 11,100 s/f free standing office/industrial build- ing with a significant amount of office space and 2 tailboards for loading. n NORWOOD,NJ — Rain- Men USAInc., a manufacturer and importer of high-qual- ity umbrellas, has signed a long-term lease for more than 52,000 s/f of space at Alfred Sanzari Enterprises’ in- dustrial complex in Norwood. The lease marks the umbrella manufacturer’s headquarters relocation from Northvale. The transaction was negoti- ated by Mitch Helfman of MRH Real Estate Services on behalf of Alfred Sanzari Enterprises. Hal Lichten- stein of Cassidy Turley represented the tenant. The six-building Norwood portfolio is located at 335, 355, 375 and 385 Chestnut St., and 10 and 50 Maple St.. RainMenUSAInc. is consoli- dating its current two-building operations into one building at 10 Maple St., and increas- ing its footprint by 15,000 s/f, according to Frank Pratt , Alfred Sanzari Enterprises’ vice president of leasing and marketing. n MRHRE Svcs. reps. Alfred Sanzari in 52,000 s/f lease

EqualHousing Lender. EqualOpportunity Lender. Member FDIC.

652-654 Rahway Avenue in Union

CELEBRATING OUR 107 TH YEAR

Investment Real Estate Brokerage

Paterson, New Jersey 92 Residential Units Joseph Keenan ext 256

Highland Park & East Brunswick, NJ ±80,053 SF Mixed-Use Retail, Office and Residential Portfolio Jeff Wiener ext 286

Somerville, New Jersey 55,000± SF Office and Retail Building Jeff Squires ext 246

Union, New Jersey 19,000± SF Fully-approved Land Julie Gralla ext 224

Manahawkin, New Jersey 51,000 ± SF Retail Matt Weilheimer ext 253

Asbury Park, New Jersey 11,972 ± SF Retail Matt Weilheimer ext 253

multifamily. retail. office.

www.kislakrealty.com 732 750 3000

The Kislak Company, Inc.

Made with FlippingBook - Online magazine maker