M id A tlantic Real Estate Journal — Central New Jersey — February 14 - 27, 2020 — 9B
www.marej.com
C entral NJ
Petrick markets property on behalf of seller Marcus & Millichap completes the sale of a $2,300,000 net-leased property
berdeen, NJ — Marcus & Millic- hap Capital Corp. (MMCC) , announced the sale of a 6,000 s/f net-leased property, occupied by Mavis Discount Tire, located in Ab- erdeen, NJ, for $2,300,000 according to Jim McGuckin , regional manager of the firm's New Jersey office. Jason Petrick , an invest- ment specialist in Marcus & Millichap's New Jersey office, had the listing to market the property on behalf of the seller and represented the 1031 Exchange, out-of-state buyer, both limited liability compa- nies. According to Petrick, the new construction Mavis Discount Tire, situated on a traffic light intersection to a grocery-anchored center, gen- erated numerous offers from national investors. Mavis Discount Tire is lo- cated at 1155 State Rte. 34 in Aberdeen. Mavis Discount Tire is minutes away from the Aberdeen-Matawan Train Station which provides daily direct train service to New York City. A Vantage RES reps. local Allstate with Jersey expansion Marlton, NJ — Van- tage Real Estate Services (Vantage RES) is excited to announce another success- ful office lease in Marlton. The brokerage represented Allstate’s Domenick Group with their new office lease at The Pavilions at Greentree, Marlton, NJ. This professional office complex is conveniently located 651 Rte. 73 North in Marlton and is surrounded by numerous amenities, includ- ing restaurants, hotels, health clubs, AMC movie theater and shopping centers. The office – a spacious, modern facility – is easily accessible from Rte. 73, Rte. 70, I-295, and the New Jersey Tpke. Leor Hemo , managing prin- cipal, and Aran Ploshansky , director of operations at Van- tage RES, worked closely with Italia Domenick, agency owner, of Allstate, The Domenick Group LLC, to identify the loca- tion and secure a long-term of- fice lease. At 2600 s/f, the office space in Marlton is more than double the Domenick Group’s previous location. The increase in space will facilitate the firm’s internal expansion.
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