M id A tlantic Real Estate Journal — Central New Jersey — August 19 - September 15, 2022 — 7B C entral NJ
www.marej.com
Stalwart Equities to bring quality industrial hub to Woodbridge, NJ Brad Jacobs, Tamara Blau & Brian DiPinto of The Blau & Berg Co. secure massive redev. project
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executive director of The Blau & Berg Company represented the seller. The subsequent ±12.2 AC on Pennval Rd. was secured for Stalwart in an off-market purchase, with Jacobs and Blau representing the seller and buyer. The master plan currently calls for a ±397,000 s/f warehouse on Cutters Dock Rd., and an additional ±350,000 s/f structure ear- marked for Pennval Rd. “This project has taken many years to achieve,with so many obstacles between the Township, multiple own-
OODBRIDGE, NJ — The Blau& Berg Company ,
ers, environmental concerns, and wetland issues”, said Jacobs.“Once completed, it will be a sizable industrial development for the New Jer- sey market and is perfectly situated in the middle of the state between exits 11 and 12 on the NJ Turnpike,with access to all major highways as well as New York City and Philadelphia. This will addi- tionally serve as a big win for the township of Woodbridge, finally bringing a quality in- dustrial hub to an area that was long overdue and in need of redevelopment. MAREJ
a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, is announced the closing of a ±38.2-AC land purchase on Cutters Dock and Pennval Rds. in Woodbridge. The master plan is known as the “CUTTERS DOCK RE- DEVELOPMENT PLAN”, and the PENNVAL REDEVELOP- MENT PLAN”, in reference to the portion of the land that sits on adjacent Pennval Rd. There is additional acreage nearby that may become part of the ongoing project. The groundwork for the project began five years ago, when Brad Jacobs , senior- The Blau & Berg Co. arranges the sale of ±19,000 s/f industrial property in Union, NJ UNION, NJ — The Blau & Berg Company recently ar- ranged the sale of a ±19,000 s/f industrial property in Union. Christopher Chiusolo, Ja- son Crimmins, CCIM, SIOR, Alessandro Conte, CCIM, SIO R, Peter Murano, Jr., SIOR, and Michael Schip- per, SIOR of The Blau & Berg Company represented both the buyer and owner, Wellington Manor Design, LLC, while Tom Dimicelli of Jones Lang LaSalle referred the seller. “I am thrilled to sell this building in such a short time. The property is ideally located in Union, and the buyer had the same type of business as the owner, which made this deal quick & easy. I’m very pleased with how smoothly and effi- ciently we were able to turn this one around. I owe a big thank you to our marketing team at The Blau & Berg Company for reaching the right people, as well as Tom Dimicelli for en- trusting me with his clients to list & sell this building. Tom’s guidance is always appreciated and welcomed.” MAREJ
director of The Blau & Berg Company, began working with the owners of three adjacent properties totaling ±26 AC. After many stops and starts, Jacobs worked with both the Brad Jacobs
Tamara Blau
Brian DiPinto
property owners and Stal- wart Equities . At the same time, Tamara Blau , senior director of The Blau & Berg Company represented the pur- chaser and Brian DiPinto ,
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