February 2026

12 — February 2026 — Central New Jersey — M id A tlantic Real Estate Journal

www.marej.com

C entral N ew J ersey

Senior VP Daniel Lanni arranges sale of 15,232 s/f complex The Kislak Company, Inc. sells Flemington business center for $4.8M

F

LEMINGTON, NJ — The Kislak Compa- ny, Inc. announced the recent sale of a mixed- use business center with medical and retail spaces at 194 State Route 31 in Flemington, H u n t e r - don County, New Jersey, for $4,825,000. Kislak marketed the prop - erty on an exclusive basis with senior vice president Daniel Daniel Lanni

94 State Route 31

Lanni handling the assignment on behalf of the seller, P-2 Real Estate Associates, LLC, and he also procured the purchaser, which was not disclosed. Lanni commented, “This was a highly competitive process in which we worked relentlessly to position the property in a way that maximized value for the seller. Given strong inter- est and multiple offers, we secured an all cash buyer at a price that exceeded the initial market indicators. Achieving this result without financing contingencies provided cer- tainty to the seller of a fast and efficient closing.” Built in 2006, the 15,232 s/f two-story, complex houses a bank, and three medical facilities with all tenants on NNN leases, thereby allow- ing the landlord a more stable income while giving tenants control over property-related expenses. Features of these well-maintained spaces in- clude carpeted and tiled floor - ing, ample window light and abundant parking at a ratio of five per 1,000 s/f. Located just north outside of the downtown area of the quaint and active town of Flemington, the building has high visibility fronting State Highway 31, across the street from the Hunterdon Medical Center, and is minutes away from I-78, Flemington Circle, Route 202 and Route 22. Daniel Lanni joined Kislak in 2010 and is consistently among the firm’s leading pro - ducers. He specializes in the sale of multifamily and other investment properties in cen- tral New Jersey with a par- ticular focus along the Jersey Shore. He was the recipient of the firm’s 2011 Rookie of the Year Award and was promoted to a senior vice president in 2019. MAREJ

EXCLUSIVE PROPERTIES FOR SALE

New Brunswick, NJ 20 Residential Units Daniel Lanni ext 248

Jersey City, NJ 24 Residential Units Don Baxter ext 265

East Orange, NJ 12 Residential Units Michael Salomon ext 243 Don Baxter ext 265

Branchburg, NJ 5 Condo Units/45,000 SF Industrial Park Max Levinston ext 308

Nutley, NJ 7 Residential Units + 1 Retail Thomas Scatuorchio ext 255

Orange, NJ 5 Residential Units + 1 Retail Joni Sweetwood ext 273 Julie Gralla ext 224

The Kislak Company, Inc. | kislakrealty.com | 732 750 3000

Made with FlippingBook flipbook maker