6A — April 29 - May 12, 2016 — Shopping Centers — M id A tlantic
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78 projects in 14 states Large retail power centers Grocery-anchored community shopping centers Corporate/Industrial business parks National Realty & Development Corp.
Mark Handwerker handles transactions for both parties The Goldstein Group places Tim Hortons in NJ locations
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3 Manhattanville Road, Suite 202 Purchase, NY 10577
Tim Hortons, Hazlet, NJ
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fee and doughnuts with over 4,500 locations worldwide. These two locations are some
Pathmark, K-Mart, Toys R’ Us, Bank of America, Ve- rizon, Aldi, and McDonald’s. Vice president, Mark Hand- werker , consummated the deal on behalf of the landlord and tenant. In Howell, Tim Hortons leased a 2,300 s/f space at 2501 Route 9. It’s a prime retail site with a daily car count of over 45,000 vehicles. Neighboring tenants of the location include 7-Eleven, Wawa, Chase Bank, Home Depot and Wells Fargo. Mark Handwerker was responsible for the transaction on behalf of the tenant and landlord. n
AZLET/HOWELL, NJ — The Goldstein Group , a leading pro-
New DeveloPmeNts | lease/sale tRaNsactioNs iNDustRY tReNDs | exPeRt aRticles, YouR bYliNe
of the first to open in New Jersey. In Hazlet, T i m H o r - tons leased a 3,600 s/f s p a c e a t C h e l s e a Place at 3250
vider of retail real estate services in New Jersey, announced it has placed a Tim Hortons restaurant in Hazlet and Howell New
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Chuck Lanyard
Mark Handwerker
Route 35. The center is a prime retail site in a densely populated marketplace with excellent highway access and visibility. Neighboring ten- ants include Super Foodtown,
Jersey according to Chuck Lanyard , president of The Goldstein Group. Tim Hortons is a Cana- dian quick service restaurant chain best known for it’s cof-
Rubenstein Partners announces team for Carlyle Tower ALEXANDRIA, VA — Ru- benstein Partners, LP an- nounced that it has completed the formation of the team for the rebranding and reposition- ing of Carlyle Tower located at 2461 Eisenhower Ave., a 14-story mixed-use office and retail property in Alexandria. Shortly after acquisition, Ru- benstein entered into a joint venture with Northpoint Realty Partners and then engaged Newmark Grubb Knight Frank for the office leasing and Rosenthal Part- ners for the retail leasing. EagleBank has provided financing to implement the redevelopment program that has been designed by Norti- take Associates .
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The Mid Atlantic Real Estate Journal welcomes all editorial dealing with the commercial/industrial real estate industry. P.O. Box 26 • Accord, MA 02018 (mailing) 312 Market St. • Rockland, MA 02370 (overnight) e-mail editor@marejournal.com www.marejournal.com 781-871-5298 781-871-5299 fax Mid Atlantic Real Estate Journal
Rubenstein acquired the 365,000 s/f mixed-use property at the end of last year. The property includes a 335,000 s/f office building with first floor retail along with a 32,500 s/f single-story retail center and to-be-built retail pad site that “wraps” the office building and contains multiple restaurants. Rubenstein and Northpoint have embarked on a complete
2461 Eisenhower Ave.
amenities. “Carlyle Tower is planned to be state-of-the-art in terms of physical building improvements and mixed- use Metro proximate ameni- ties,” said Steve Evans of Rubenstein. n
renovation to transform the property into a brand new class “A” office building with new skin, systems, lobby, fit- ness, conference and related tenant improvements, in ad- dition to the existing retail
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