8B — January 21 - February 17, 2022 — Southern New Jersey — M id A tlantic Real Estate Journal
www.marej.com
S outhern NJ Gries and Abdallah worked with buyer and the seller Vantage Commercial facilitates sale of auto repair shop
REmanagement pros to gather in Atlantic City IREM Tri-State Conf. & Expo to return in-person
ATLANTIC CITY, NJ — The Delaware Valley, New Jersey, and Southern New Jersey chapters of IREM (Institute for Real Estate Management) will present the 2022 IREM Tri-State Confer- ence & Expo Feb. 17 and 18, in- person, at the Hard Rock Hotel and Casino in Atlantic City. Hundreds of real estate management professionals from New Jersey, Delaware, and Pennsylvania will gather in-person for the first time since February 2020 for this annual conference. This year’s conference will offer the fol- lowing: two days of educa- tional sessions, in-person net- working, and connecting with Industry Partners. The 2022 Keynote Speaker is Heather Hansen O’Neill. O’Neill is an international speaker, behavioral expert, author of Find Your Fire, Teams on Fire! and the soon-
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behalf of our client. This one was satisfying,” Gries added. In a separate transaction,
EST BELIN, NJ — Vantage Com - mercial announce
V a n t a g e Commercial ann o un c e d a successful medical office lease in Cher- ry Hill. The newest office for Continen- tal Clinical
d the sale of a former auto repair shop in West Be- lin. The 1,400 s/f building is prominently located at 228 Haddon Ave. and allows for easy access to both Route 70 and 30. Vantage Commercial’s Mike Gries , sales associate, and Peter Abdallah , director of client services, worked with both the buyer and the seller to negotiate a favorable deal for both parties. The seller, owner of KA Holdings, had this to say: “Vantage made a difficult process seamless, and I would highly recommend their team to anyone.” “There are environmental and zoning complexities selling a former service station. We were able to navigate them, identify the right buyer, and deliver on Mike Gries
to-be released Where’s the Office?. O’Neill is also a 2x TEDx speaker and host of the podcast FromFear to Fire. She is a certified DiSC facilitator and past president of MPI WestField. Other speakers at the 2022 conference include: Derek Reed, Esq., of EhrlichPetri - ello Gudin Plaza and Reed; John Prisco, Esq., of Stark & Stark; Lee Wasserman of LEW Corporation; Bill Zu - rich of Yardi Systems ; and many more. The conference will feature 10 educational sessions as well as an After Party at Hard Rock’s DAER Night Club. MAREJ
228 Haddon Ave.
Peter Abdallah
owner of 1020 North Kings Highway, to secure the lease for the pharmaceutical/clini- cal trial company. Continental Clinical Solutions’ mission is to provide a safe, modern option for patient interaction in clini- cal trials. “Continental Clinical Solu- tions is well positioned for suc- cess and growth at 1020 North Kings Highway. The 1st floor space will be easily accessible and welcoming for their clients and patients. This company is doing amazing things for the pharmaceutical industry. Clinical trials advance science and medicine, leading to cures, advanced diagnoses and better treatments,” Stein said. MAREJ
Solutions, LLC is located at 1020 North Kings Highway. The 2,175 s/f medical office is centrally located within a medical/professional complex along the heavily trafficked Kings Highway corridor and is easily accessible from the NJ Turnpike, I-295 and Route 70. Emily Stein , director of healthcare services at Vantage Commercial, worked close- ly with Amrit Chahal and Saleh Stevens of operations at Continental Clinical Solutions, LLC to identify a location for the expansion and secure a lease for the new space. Stein worked closely with Jackie Needleman ,
Institutional Property Advisors closes SouthernNewJersey shopping center
Indoor Environmental Concepts, LLC awarded contract by HHOA to provide hazardous material testing services
ing residents and workers.” Said Bruce Chamberlin , chairman of the HVAC Steer- ing Committee, Hopkinson House Owner’s Association (HHOA), “We’re pleased to have IEC as a member of our project team on this complex multi-year project. Maintain- ing the safety of our residents and minimizing disruptions were priorities established at the beginning of the project. IEC understood our needs and the constraints of working in an occupied condominium building.” He went on to add, “IEC’s experience during the various stages of the Covid pandemic has been helpful to- wards implementing proce- dures for HHOA and the con- struction team to follow related to compliance and safety of the work teams and residents.” Indoor Environmental Con- cepts is an industrial hygiene consulting company specializing in environmental inspections of commercial, residential and public properties. Founded in 2011, the firm has expertise in indoor air quality, industrial hy- giene, workplace safety and air monitoring for real estate and property management. MAREJ
RUNNEMEDE, NJ — In- door Environmental Con - cepts, LLC (IEC) , an industri- al hygiene consulting company specializing in environmental inspections of commercial, resi- dential and public properties, has been engaged by the Hop - kinson House Owners As - sociation (HHOA) to provide hazardous material testing ser- vices associated with its HVAC system revitalization project. Located at 604 South Wash- ington Square in Philadelphia, PA, the Hopkinson House is a 33-story condominiumwith 536 units built in 1963. The HHOA has embarked on replacing the residential portion of the heating and air conditioning riser distribution system and initial feasibility results found asbestos containing materi- als (ACM) in localized areas. IEC will work hand in hand with other project partners to support the remediation and construction teams during the revitalization project while minimizing minimize resident disruptions and avoiding over- night displacements. “The Hopkinson House is a residential landmark in Center City Philadelphia for
The Point at Pennsauken
and DaVita Dialysis, newly added to the roster in 2020. Nearly half of the property’s retail space is occupied by specialty retailer Restaurant Equippers store, which has been a tenant since 2012 and is one of the largest restaurant equipment warehouse compa- nies in the country.” Located within close proxim- ity to Center City Philadelphia by way of the Ben Franklin Bridge, the center has strong frontage and direct access to the neighboring bedroom communities of Cherry Hill, Mount Laurel and Marlton. The population within a five- mile radius is 440,000 and the average annual household in- come is $87,446. Major regional employers within proximity include Cooper Health, Virtua Health, Campbell’s Soup, TD Bank, J&J Snack Foods, the Philadelphia 76ers, and Suba- ru. Brian Hosey is Marcus & Millichap’s broker of record in New Jersey. MAREJ
PENNSAUKEN TWP., NJ — Institutional Property Advisors (IPA) , a division of Marcus & Millichap an- nounced the sale of The Point at Pennsauken, a 100%-oc- cupied, 109,217 s/f shopping center located four miles east of Center City Philadelphia in Pennsauken Twp. The purchase price was $18 million. Brad Nathanson , IPA senior man- aging director, represented the seller, WRDC , and procured the buyer, Select Properties Inc. “The Point at Pennsauken is strategically positioned at the convergence of two of the busiest commercial highways serving Southern New Jersey, Route 38 and Route 70, which have a combined traffic count that exceeds 110,000 cars per day,” said Nathanson. “An- chors to the site include one of the top-performingWawa con- venience stores with gas in the entire state of New Jersey as well as Dollar General, Har- bor Freight Tools, Benihana
604 South Washington Square nearly six decades,” said IEC vice president and partner, Robert DeMalo, M.Sc. , of the building that was awarded the Silver Medal Award by the Philadelphia Chapter of the American Institute of Architects in recognition of its “outstanding quality of design.” The project, which kicked off in October of 2021, is currently underway with an anticipated completion date of August 2023. “We are proud to have been selected and be part of this team as we imple- ment proactive mitigation and remediation steps to protect air quality and the health of build-
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