M id A tlantic Real Estate Journal — October 22 - November 18, 2021 — 5A
www.marej.com
M id A tlantic R eal E state J ournal
OCHELLE PARK, NJ — Tulfra Real Estate , a Rochelle Walsh of Walker & Dunlop serves as broker on transaction Tulfra Real Estate acquires prime Jersey City site for parking and storage project R
parking. Located at 300 Thomas Mc - Govern Dr., Jersey City, there are 158,936 housing units and 22,560 new apartments under development within a three- mile radius of the site. The property is just minutes from downtown Manhattan, and convenient to all boroughs via the New Jersey Tpke. “This acquisition adds an - other outstanding asset to our portfolio of properties,” said Sonny Jumani , presi- dent and CEO of Tulfra Real Estate. “With NYC and downtown
Jersey City virtually minutes away, it offers that rare com- bination of a perfect location in a major distribution center near a high concentration of new residential developments. That is a combination that is hard to beat,” Jumani adds. No purchase price has been disclosed. The broker on the transaction was Thomas Walsh , managing director at Walker & Dunlop . Tulfra has developed over 500,000 s/f of self-storage fa- cilities over the past few years, and it welcomes broker sub- missions of new sites. MAREJ
Park-based real estate investment c o m p a n y , announced that it has purchased a prime sel f - storage site i n J e r s e y City.
Sonny Jumani
The new owner/developer has received final approval for a 220,000 s/f state-of-the-art storage facility and adjoining Lee & Associates opens new Morris County office
300 Thomas McGovern Dr.
Max Spann Auctions Wilmington, Delaware 30 Bancroft Mills Road, Wilmington 7,989+/- SF Office Building
110 S. Jefferson Rd.
CEDAR KNOLLS, NJ — Lee &Associates NewJer- sey announced that the real estate brokerage has opened a new office in Whippany at 110 S. Jefferson Rd., which is part of Hanover Twp. The new 3,361 s/f sublease fea- tures brand new built-out space that is wired and fully furnished. The team chose to relocate from a smaller Cedar Knolls location fol- lowing the recent hiring of seven senior commercial real estate professionals from Transwestern’s New Jersey branch. “We are excited to an- nounce the relocation and ex- pansion of our Morris county office, one of three across the Garden State that service a wide range of businesses,” said Jason Lynch , principal of Lee & Associates NJ. “As we continue to diversify and add to our staff of talented real estate professionals, we needed a new office space in Morris County to support col - laboration amongst a larger team. Suzanne Kiall , director & managing broker at Lee & Associates New Jersey repre - sented Lee & Associates to secure this transaction. The sublease was represented by Roger Cantor of Corner- stone Real Estate . MAREJ
Possible Residential Re-Development
24 Parking Spaces
Minimum Bid $475,000
Property Previews October 22 & 28 12-2PM
Paterson, New Jersey 44 Ryle Avenue, Paterson
Mixed-Use Development Site 90+/- Residential Units Approval for 10,000 +/- SF Commercial Minimum Bid $1,700,000 888-299-1438 | maxspann.com Visit Maxspann.com for more information on these and other upcoming sales
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