April 2023

S hopping C enters N ew J ersey /P ennsylvania

M id A tlantic Real Estate Journal — New Jersey/Pennsylvania — Section B


Longo represents CE Development Management in transaction The Blau & Berg Company announces sale of ±95,800 s/f on Union Ave., Totowa, NJ

EW JERSEY — The Blau & Berg Com- pany has announced Wells Fargo office space at 515 Union Ave. in Totowa has sold. The ±95,800 s/f space is slated for conversion to self-storage. N John Longo two recent sales in New Jersey. The former

515 Union Ave. in Totowa

1406 Rte. 37 in Toms River

which would not have been pos- sible without John’s persistence and expertise.” The Blau & Berg Company has negotiated the lease of a ±4,800 s/f retail space at 1406 Rte. 37 in Toms River. The space was formerly a tire store, and the new tenant is Safelite. Longo represented the land- lord. James Leahy of Mohr

Partners, Inc. represented the new tenant. “A retail space with ample bays and freeway visibility was a priority for the new ten- ant”, said Longo. “Safelite is a national company that knows exactly what it wants, and both James and I were happy to find a retail location that perfectly met their needs.” MAREJ

to begin construction this spring to convert the former office building to self-storage,” said David Ellison , managing direc- tor, and chief development offi - cer with Taylor Theus Holdings. “We have been working with John Longo, with Blau & Berg, for a number of years identifying sites in the NJ market and are very excited about this project,

John Longo , senior direc- tor with The Blau & Berg Company, represented the buyer, CE Development Management , the develop- ment arm of Taylor Theus Holdings . CE Development, a national self-storage devel- oper, has approvals to convert the property. “Taylor Theus Holdings plans

APRIL 2023

HI-LIGHTS Levin announces lease at Rutgers Industrial Center

Zellers & Sgagias of NAI CIR sell 72,500 s/f industrial building located on 72.52 acres

YORK, PA — The 72,500 s/f industrial building located on 72.52 acres at 5130 East


P r o s p e c t Road in York has been sold to Gallert Enterprises, LLC. The property will be occupied by CRDN, which han- dles disas- ter recovery by restoring textiles, elec- tronics and art to pre-loss condition. After minor renovations,


Southern New Jersey


Robin Zellers

NEPA recognized as best location for economic development

Nik Sgagias


CRDN will begin to service its Mid-Atlantic business from this location. The seller was represented by Robin Zellers and Nik Sgagias, of NAI CIR . In a second transaction, The 2.55-acre tract, located at 609- 615 Wyndamere Rd. in Etters

5130 East Prospect Road mercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solu- tions to their commercial real


has been sold. The land was purchased by a local investor. The transaction was handled by Daniel Alderman , of NAI CIR. NAI Global is a global com-

estate needs. NAI Global has more than 300 offices strategi - cally located throughout North America, Latin America, Eu- rope, Africa and Asia Pacific. MAREJ

www.marej.com Pennsylvania............13-BC B People on the Move....... 16B

Made with FlippingBook Digital Proposal Creator