14B — June 10 - 23, 2016 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N ew J ersey
Offers convenient location, upscale garden community AvalonBay celebrates grand opening of Avalon Union F
Levin Mgmt. reps. Jersey Mike’s in lease at Somerville Circle SC in Raritan, NJ
NION, NJ — Avalon- Bay Communi t ies , Inc. , a NYSE listed real estate investment trust (REIT), recently celebrated the official opening of its new- est community in New Jersey, Avalon Union. At the grand opening event, Mayor Manuel Figueiredo, Assemblyman Jamel Holley, Union County Freeholders Vernell Wright and Moham- mad Jalloh, Union Township Administrator Ron Manzel- la and Township Committee members joined AvalonBay executives, staff, journalists and members of the New Jersey real estate community in the official ribbon cutting ceremony to commemorate the occasion. Ron Ladell , AvalonBay se- nior vice president welcomed public officials, new residents and members of the communi- ty, saying: “AvalonBay prides itself on the quality of our communities, and we look for- ward to providing new Avalon Union residents with a truly remarkable living experience, combining best-in- class ame- nities with a convenient loca- tion. AvalonBay is extremely pleased to commemorate the grand opening of our newest community in New Jersey, and grateful for the warmwelcome we’ve received here in Union.” Mayor Manuel Figueiredo said: “We are very proud to WEST ORANGE, NJ — Chiesa Shahinian & Gi- antomasi PC (“CSG”) an- nounced that Gemma Gi- antomasi , counsel in the firm’s real estate, development and land use group, has been awarded the 2016 Service to the Community Award by the New Jersey State Bar Association (“NJSBA”) Young Lawyers Division (“YLD”) . The award, which was presented at NJSBA’s 2016 Annual Meeting and Convention - Young Lawyers Division Meeting on May 19, is a testament to Giantomasi’s strong devotion to community service, including significant involvement in numerous re- gional non-profits. Notably, Giantomasi has de- voted countless hours to Volun- teer Lawyers for Justice (VLJ), a not-for-profit law firm dedi- cated to improving the lives of the economically disadvan-
Somerville Circle Shopping Center
Avalon Union ribbon cutting
of almost 90,000 people within a five-mile radius. Jersey Mike’s high-quality, affordable menu options are a great fit for Somerville Circle Shop- ping Center and we have no doubt this new location will be embraced by our shoppers as well as the local community.” Located at 300 Rte. 202 at the intersection of Routes 202/206 and Rte. 28, Somer- ville Circle Shopping Center is anchored by Toys “R” Us/Ba- bies “R” Us, Staples, Petco and P. C. Richard & Son. Other na- tional and regional tenants in- clude Carter’s, Panera Bread, Burger King, Five Below and Harmon Discount. The center serves a growing residen- tial population of more than 112,000 people within a five- mile radius. The marketplace has an average household in- come above $115,000 per year, and the daily traffic count on Route 202/206 exceeds 86,000 vehicles per day. n Jeff Garibaldi , president, Tara Keating , vice president, and Kyle Mahoney , associate vice president, of The Garib- aldi Group – Bell Works’ office leasing agency – rep- resented Somerset Develop- ment in the transaction. The CBRE team of Joseph Sarno Jr ., executive vice president, Jeremy Neuer , senior vice president, and MatthewWas- sel , associate, represented WorkWave. Bell Works will act as a world-class venue for com- munity. Upon completion, the property will also feature a diverse range of retail options, creating a decidedly urban downtown feel across the cen- ter’s main level promenade. n building in the U.S. into a dynamic “live-work-play” com- munity.
RARITAN, NJ — Fast- casual sandwich chain Jersey Mike’s has leased 1,100 s/f at Somerville Circle Shopping Center in Raritan, bringing this Somerset County shop- ping destination to full occu- pancy. North Plainfield-based Levin Management is leas- ing and managing agent for the 150,000 s/f center. Levin’s leasing representa- tive Vanessa Fernandez ne- gotiated the long-term lease. Gary Krauss of Pierson Commercial Real Estate served as the tenant’s broker in the transaction. “Jersey Mike’s is growing its presence throughout the United States but until now did not have restaurants in the Bridgewater area,” said Fer- nandez. “This operator is ex- tremely excited about opening in this location due in part to the shopping center’s visibility and strong demographics, in- cluding a daytime population HOLMDEL, NJ — Somer- set Development announced the largest lease to date at Bell Works, the company’s iconic mixed-use develop- ment in Holmdel, New Jersey. WorkWave, a leading provider of cloud-based software solu- tions, will occupy a 72,000 s/f space in the building, with an expansion option for an addi- tional 72,000 s/f. WorkWave’s decision to re- locate its headquarters to Bell Works is the latest in a string of technology companies tak- ing space at the two-million- square-foot property, the for- mer historic headquarters of Bell Labs, which is currently undergoing an approximately $200 million adaptive reuse redevelopment designed to transform what was once the single largest vacant office
park, a children’s play area, and landscaped courtyards with barbeque grills and picnic areas. Avalon Union is positioned on Vauxhall Rd. in Union, offering superior accessibil- ity and visibility. The com- munity provides convenient access to multiple highways, mass transportation, regional amenities and numerous em- ployment centers. The site is located in close proximity to the intersection of I-78 and the Garden State Parkway, giving the location tremendous con- nectivity. Avalon Union is 1.5 miles from the Rte. 22 retail corridor and 6 miles from The Mall at Short Hills. The site is also close to mass transit, with stops along several NJ Transit lines. n In honoring Giantomasi with the Service to the Community Award, NJSBA YLD consid- ered the entirety of her com- munal work. She currently serves as board secretary and general counsel of Opportunity Project, a Millburn-based non- profit that provides life skills, job training and other services to adults with brain injuries. In addition, Giantomasi previ- ously served on the board of the Greater Newark Holiday Fund, a charitable organization that provides financial assistance to low-income residents. Giantomasi’s day-to-day le- gal work with CSG also exem- plifies her devotion to public interests, as she counsels local municipalities, government agencies and educational insti- tutions on real estate-related matters. n thropic activity speaks to her moral fiber and her passion for justice.”
have this high-quality com- munity here in Union. Ava- lonBay is well known in New Jersey for its outstanding reputation and management of multi- family properties. The Mayor’s Office is pleased to welcome AvalonBay and the new residents of this superb community to Union.” Avalon Union offers a total of 202 one-, two- and three- bedroom apartments and town homes. This upscale subur- ban garden community offers high-quality amenities at an attractive price relative to some of the more expensive nearby towns. Some of the community amenities include a state-of-the-art fitness cen- ter, a heated outdoor swim- ming pool with sundeck, a pet friendly community with pet taged throughout New Jersey. Since 2011, she has provided leadership to the organization and pro bono legal assistance to the community members it serves. In this volunteer capac- ity, she has worked in a range of areas, including criminal record expungement, estate law and family law. Last year alone, Giantomasi assisted nearly 20 clients draft pro se divorce pleadings. “Gemma’s dedication has been a key driver of her pro- fessional success, and we’re proud to see her using her significant talents in a chari- table capacity,” said Mitch Berkey , co-chair of the CSG’s real estate, development and land use group. “As a working mother and an experienced real estate attorney, Gemma has a wide range of personal and professional responsi- bilities. Her consistent and successful pursuit of philan-
Gemma Giantomasi of CSG presented with Community Service Award from NJSBA YLD
Somerset Development announces largest lease to date at Bell Works
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