16B — December 9 - 22, 2016 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N ew J ersey Iselin, NJ company announces real estate sales transactions Sitar Realty Company sells 38,000 s/f industrial building for $4.1 million
SELIN, NJ — Sitar Re- alty Company , Iselin, New Jersey announced the following real estate sales transactions: The sale of a 38,000 s/f industrial building at 2231 Landmark Place, Wall, NJ from CIC Development LLC to J&J Landmark LLC. The sale price was $4.1 million. Robert JanTausch , Doug- las Sitar , and WilliamSitar Sr. were the salespeople. The sale of a 20,000 s/f industrial building at 1292 Rte. 9, Howell from Marton Truck, Inc. to Lanigan Prop- I
Lending, LLC leased 2,150 s/f. Robert Bogash and Douglas Sitar were the sales- people. The lease of 12,739 s/f of industrial space at 2350 Rte. 34, Wall, from Sudler Iorio LLC by NRG Home Solar. Ronald Schrader Jr. was the salesperson. The lease of 6,000 s/f of in- dustrial space at 1717 Rte. 34, Wall from Wall Herald Corp. to Brian’s Auto Mall. Robert JanTausch and Douglas Sitar were the salespeople. The sale of a 5,400 s/f in- dustrial building at 11-13 Ev-
1301 West Elizabeth Ave. ergreen Ave., Neptune from National Loan Investors, LP to Bluskin, LLC. The sale price was $605,000. Brian Murphy and William Sitar Sr. were the salespeople. The lease of 5,000 s/f of in- dustrial space at 11 Worlds Fair Dr., Somerset from First Industrial Realty Trust to HUS Industrial Realty Trust. Robert Bogash and J ohn Cranley were the sales- people. The lease of 4,845 s/f of office space at 2 Research Way, Princeton fromNational Business Parks to Guardian Life. Gregg Nowell was the salesperson. The lease of 2,520 s/f of industrial space at 60 Northampton, Toms River from Benn Associates to B. Oliver Designs. Helena Loe- lius was the salesperson. The lease of 2,400 s/f of office space at 230 Chris- tian St., Cranford from 1084 Springfield Associates, LLC to New York Sugar Trade Laboratory, Inc. Robert Bo- gash and David MacDowell were the salespeople. n Bussel Realty leases 20,300 s/f in Linden, NJ EDISON, NJ — Bussel Re- alty Corp. (BRC) , a corporate and industrial real estate ser- vices firm in New Jersey, an- nounced HL Onlineparts Inc. has signed a long-term lease for 20,300 s/f at 1301 West Elizabeth Ave. in Linden, a 150,000 s/f industrial property. Earl Lapides , senior vice president, of BRC represented the landlord while Weichert Commercial represented the tenant. HL Onlineparts is relocating fromBrooklyn, New York. With HL Onlineparts’ oc- cupancy, 1301 West Elizabeth Ave. will be 100% occupied. Totaling 150,000 s/f, 1301 West Elizabeth Ave. features 16- to 22-foot ceiling heights, 40-foot by 50-foot column spacing, tailboards and drive- ins, 800-2000 amps of electric power, wet sprinklers, and 50 parking spaces. n
2231 Landmark Place, Wall, NJ
Brunswick Rd., Piscataway: Saint Peter’s Healthcare System, Inc. leased 8,071 s/f; ABM Janitorial Services Northeast, Inc. leased 5,394 s/f; and MLB Residential
erties, LLC. The sale price was $2.667 million. Giorgio Vasilis and Bill Sitar Jr. were the salespeople. Three office leases totaling 15,615 s/f at 242 Old New
The Mid-Jersey Chamber of Commerce 423 Riverview Plaza, Trenton, NJ
9:00 - 9:30: AM Registration and networking continental breakfast 9:30 - 11:25: Panel Discussion Neil Yoskin, Esq. - Partner, Cullen & Dykman Moderator, Introduction and background remarks Colleen Kokas - Director, NJ DEP How the rule will be applied and the State's role in coordinating with counties and local authorities Ray Ferrara, Ph.D. - Principal, Kleinfelder The consulting engineer's perspective Dennis Palmer, PE - Executive Director, Landis Sewerage Authority Staying compliant and planning and upgrading facilities to meet increasing demands Mirah Becker, PP, AICP - Director of Comprehensive Planning, Middlesex County Planning Board The role of the county 11:25: Closing Remarks - Ann Brady
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