14A —May 2023 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers
At 900 Haddon Ave. office building in Collingswood Vantage signs 10 leases at newly renovated office build ing
NAI James E. Hanson inks leases at The Shoppes at Print House
AMDEN COUNTY, NJ — Vantage Com- mercial announced that the newly renovated and modernized 900 Haddon Ave. office building in Collingswood, has been a success, with 10 leases signed within the past few months. The leases range from small executive suites for locally owned businesses to larger suites for national ten- ants, showcasing the building’s appeal to a diverse tenant mix. As the listing brokerage for the property, Vantage Commer- cial continues to work closely with the building’s owners, Eyal Reggev and Roy Rait- er , to attract top-tier tenants. Emily Stein , managing direc- tor and director of Healthcare Services, Vince Ceroli , senior advisor, and John Doss , sales associate, are the Vantage bro- kers handling leasing activity for 900 Haddon. Since Reggev and Raiter purchased the building in 2022, it has undergone a complete transformation, including up- dated common areas and re- strooms, new windows, and a modern lobby with high-end finishes. The contemporary design of the building makes it an ideal space for businesses looking to make an impres- sion. Additionally, the prop- erty offers flexible floor plans, abundant natural light and is conveniently located adjacent to the PATCO high speed line near restaurants and cafes. Moreover, Colls Suites, a collaborative coworking space, has designated a portion of the third floor of the newly renovated building. The private offices are fully furnished and amenities include a kitchen- ette, lounge, high speed Wi-Fi and conference room. The suc- cess of the first phase of Colls Suites has prompted ownership to begin construction on phase two, which will include an ad- ditional 12-15 private offices. This expansion will provide more opportunities for small businesses and entrepreneurs to benefit from the modern amenities and flexible work- space that Colls Suites offers. Overall, the 900 Haddon Ave. mid-rise office building has proven to be a desirable location for a broad range of tenants, from small startups to larger companies. The suc- cess of the leasing activity and the addition of Colls Suites further highlight the building’s versatility and appeal. C
program,” said Ashley at Royal Revolution All Stars. “With +/- 8,000 s/f, we get to have a facility that will house the right equipment for our athletes to grow. Vince and Ken have been nothing short of spectacular in helping us find our space. We cannot thank them enough!” In addition to this successful transaction, Vantage Commer- cial has also announced the sale of Bartlett Printing to a private buyer. The sale, which was an asset sale and retirement sale of the business, was located at 4495 Rte. 130 in Burlington, NJ., Vantage Commercial an- nounced the successful sale of Bartlett Printing, located at 4495 Rte. 130 in Burlington, NJ to a private buyer. The trans- action was an asset sale and retirement sale of the business. Bartlett Printing has been a leading provider of printing services in the region for many years, and the company has built a loyal customer base through its commitment to quality and customer service. The business is known for its state-of-the-art equipment, knowledgeable staff, and com- petitive pricing. The sale of Bartlett Printing was handled by Vantage Com- mercial's experienced team of brokers, including Richardson, and Doss, who worked closely with the seller and buyers to ensure a smooth and seamless transaction. The team used their extensive network of buy- ers and their knowledge of the local market to find the right buyer for the business. "The owner, Adrienne Mitch- ell, had this to say about our team, 'Ken and John are awe- some. They took their time and explained the process. They re- sponded to my questions with- out delay and made sure I was kept informed,'" said Mitchell. The new owners of Bartlett Printing plan to repurpose the building given its desir- able location and frontage on Rte. 130. The property's prime location presents a unique op- portunity for the new owners to take advantage of the high traffic volume and visibility in the area. "The acquisition of the prop- erty is exciting for us, and we have plans to repurpose the building," said the new owners. "We are currently ex- ploring different options and evaluating what will be the best fit for the community and the area." MAREJ
900 Haddon Ave. in Collingswood
Print House rendering
to harness the power of real estate investment to continue to bring the vision behind Print House to life and play an im- portant role in the impressive resurgence of Hackensack.” Situated on a 23-acre parcel along the Hackensack River that formerly served as the headquarters for The Bergen Record for nearly 60 years, Print House is the largest and most ambitious rede- velopment project currently underway in Hackensack. “We are thrilled to be work- ing with our partners to deliver these unique and convenient retail services to residents of Print House and the sur- rounding Hackensack commu- nity,” added Adam Pasternack, President of Russo Property Management. “The addition of these new businesses is reflec - tive of the commitment we all share towards Hackensack’s emerging growth and success, enhancing the robust revital- ization of the area.” Welcoming its first residents last year, the first 271 residen - tial units of phase one at Print House are now fully leased with phases two and three currently under construction. Print House will bring over 650 luxury multifamily units and over 30,000 total square feet of retail space while also provid- ing residents and visitors with riverfront access and a wide variety of public outdoor spaces to the City over the next several years. Once completed, the de- velopment will not only be the largest riverfront community of its kind in Hackensack but a successful reinvention of the historic site that ensures it can continue to serve as an invalu- able economic catalyst in the City’s ongoing transformation. Situated at the gateway of Print House project with 1250’ of frontage on River St., The Print House’s retail buildings ensure ideal visibility and accessibility for a wide range of tenants. The buildings are also steps away from the com- munity’s luxury multifamily buildings as well as its public riverfront walkway. MAREJ
HACKENSACK, NJ — NAI James E. Hanson has negoti- ated retail leases to bring Star- bucks, Blue Foundry Bank and Hackensack Meridian Health to The Shoppes at Print House, the redevelopment project at the former site of The Bergen Record, located at 150 River St. NAI James E. Hanson’s team of Michael Walters, SIOR, Jonathan Kristofich and Cameron Silverstein repre- sented The Hampshire Com- panies, Russo Development and Fourth Edition, Inc. , the developers of Print House project in the transactions. Hackensack Meridian Health’s 6,076 s/f space at Print House will be utilized as the healthcare system’s newest primary care and OBGYN facil- ity to enhance its delivery of care to the growing Hackensack community. Capitalizing on the community’s ideal location along River St., Starbucks will transform its 3,000 s/f space into a full-service café with out- door seating and a drive-thru. Blue Foundry Bank, a savings bank headquartered in Ruth- erford, will utilize its 2,151 s/f space as a new branch location to further grow its existing footprint across Bergen, Essex, Hudson, Morris, Passaic and Somerset Counties. Finally, the project just signed a long-term lease with Jersey Mike’s. “Our early retail leasing suc- cess speaks to the continued realization of the ambitious vi- sion that has powered the rei- magining of this historic site,” said Walters. “In addition to these first four leases, we have continued to see tremendous interest in the property from a variety of in-demand retailers and we are looking forward to announcing additional tenants at the community over the coming months.” “As the place where my grandfather began his real estate career 100 years ago, Hackensack has always held a special place in The Hamp- shire Companies’ story,” said James E. Hanson II , presi- dent & CEO of The Hampshire Companies. “We are excited
109 Black Horse Pike in Blackwood
Bartlett Printing
Moving on to another trans- action, Vantage announced the signing of a five-year lease agreement with Royal Revolu- tion All Stars, LLC for a new home at 109 Black Horse Pike in Blackwood. The former Pal- ace Catering site was recently converted to a flex space, mak - ing it the perfect new home for Royal Revolution All Stars, offering them the ideal space to grow their business. The deal was brokered by Vince Ceroli, Sr. advisor, and Ken Richardson , VP, who rep- resented both the landlord and tenant. Richardson expressed his satisfaction with the deal, stating that “In today’s chal- lenging economic climate, it is particularly gratifying to suc- cessfully secure a new tenant for the landlord.” “The Royal Revolution All Stars came to us as a referral and we’re very grateful for opportunity to help them find their new home,“ said Ceroli. “Our team worked hard to negotiate the lease agreement that met the needs of both the landlord and the tenant. It’s always exciting to see a deal like this come to fruition.” The new location at 109 Black Horse Pike offers Royal Revolution All Stars a prime location that is easily accessible for their clients and custom- ers. With +/- 8,000 s/f, the new space will provide ample room for growth and expansion, mak- ing it the ideal location for the future success of the company. “We are so excited about our new home for our cheerleading
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