10B — November 23 - December 13, 2018 — New York Deal Making — Shopping Centers — M id A tlantic
Real Estate Journal
www.marejournal.com
Rosen of D.L. Rosen & Co. served as broker Tulfra Real Estate announces lease with QuickChek Corp. N ew Y ork D eal M aking
and grab a bite to eat.” 370 North is a redevelop- ment site in Cranford and is another example of Tulfra’s specialty of creating value in obsolete land uses for its customers and ratables for municipalities. The planned QuickChek joins several other redevelop- ment projects under Tulfra’s management including a 20- acre mixed-use development in Belleville, a 20- acre, 180- unit rental apartment de- velopment in North Haledon and a 225,000 s/f flex/tech/ self-storage building at 930 Riverview Dr. in Totowa. NIA National Realty’s Bianco inks 2,500 s/f lease
RANFORD, NJ — Tulfra Real Estate , a Rochelle Park, New Jersey -based real estate in- vestment, management and development company has entered a long-term ground lease with QuickChek Corp. QuickChek, which owns and operates convenience stores and gas stations throughout New Jersey and New York, plans to construct a new fa- cility on the 1.8-acre site, lo- cated at 370 North Ave. East, Cranford. The broker on the transac- tion was Harry Rosen of D.L. Rosen & Co. C
“Thanks to this long-term lease with QuickChek, this property will transform into a revenue-generating benefit for the municipality and residents alike,” said Sonny Jumani , partner and president of Tul- fra Real Estate. According to Jumani, the site’s proximity to the Garden State Parkway, located im- mediately off Exit 137, will attract thousands of visitors each day. “More than 261,000 motor- ists pass through the area,” Jumani said. “Motorists can quickly hop off the roadway -- toll-free -- to fuel their vehicles
QuickChek
We Know PHILADELPHIA RETAIL
150 Kinderkamack Rd.
PARKRIDGE, NJ — NIA National Realty has negoti- ated a 2,500 s/f lease at 150 Kinderkamack Rd., Park Ridge. Goldberg’s Original Bagels has secured the space with a long-term lease and is open for business. NIA National Realty VP Nina Bianco represented the landlord in this transaction. “150 Kinderkamack offers the ideal qualities that res- taurant/deli operators look for in a new location” com- mented Bianco. “Goldberg’s Original Bagels is a family- owned, community-minded business and the owners were seeking a space that was centrally located in an upscale town along a well- travelled road in Bergen County.” “This lease will guarantee they’ll be able to serve the upper Pascack Val- ley and Rockland County for many years to come.” said Bianco. The free-standing build- ing, previously a Boston Market, is zoned for retail, and prominently situated in the downtown Park Ridge business district in the new MB Zone.
Rittenhouse Retail concentrates solely on selling and leasing commercial retail properties throughout the Greater Philadelphia area , drawing upon experience and relationships developed over 25 years in the industry. Our team possesses the expertise, experience, resources and track record to provide comprehensive, integrated, and innovative real estate services to retail tenants, landlords and investors, regardless of size, scope or location. We understand the unique relationship that a client’s brand has with its customers, and how the right timing and real estate strategy can elevate that relationship. Call us today to discuss your retail real estate needs!
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