10A — October 21 - November 17, 2022 — Retail Development Reimagined — M id A tlantic Real Estate Journal
www.marej.com
R etail D evelopment R eimagined
Sabre Real Estate inks 911 s/f in Livingston Town Center Azarian Realty Company announces new retail leases
Blau & Berg facilitates sale of ± 3,800 s/f retail/office space
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EPTUNE & LIV- INGSTON, NJ — KPOT Korean BBQ
and Hot Pot has leased 10,000 s/f in the Neptune Plaza Shop - ping Center on 2200 US-66 in Neptune, NJ. The Korean Hot Pot restaurant will be taking a portion of the prime junior anchor space facing Rte. 66. KPOT Korean BBQ and Hot Pot, founded in 2018, has 10 locations throughout the tri- state area. The restaurant’s website describes itself as “…a unique, hands-on, all-youcan- eat experience that merges traditional Asian hot pot with Korean BBQ flavors.” Kevin Pelio of Azarian Realty Co. represented the landlord and Stephan Miller from Welco Realty represented the ten - ant in this transaction. With the addition of KPOT Korean BBQ & Hot Pot in Neptune Plaza Shopping Cen - ter, 60,000 s/f of the highway- facing junior anchor space remains available. Reasonable subdivisions considered. Other tenants in Neptune Plaza Shopping Center are World Class Shop Rite, TD
Livingston Town Center
Retail/office space on Millburn Ave.
Bank, and IHOP. In other news, Azarian Re - alty Co. details leasing activ - ity in Livingston Town Center: Three recent leases in Liv - ingston Town Center include a fitness concept, a spa, and a smoothie bowl shop. King Strength & Perfor - mance has leased 3,097 s/f for its third New Jersey location. King Strength & Performance offers strength training fitness classes in both individual and group formats. King Strength & Performance has two exist - ing locations in Cranford, NJ
and Metuchen, NJ. Pelio represented the land - lord and John Tawfik of eXp Realty represented the ten - ant in this transaction. Also in Livingston Town Center, Windows to Paradise Spa has leased 667 s/f. The NJ-based spa offers custom - ized facial treatments and currently has two existing locations. Other tenants in Livingston Town Center include Wells Fargo Bank, QQ Asian, Mixol - ogy, and Anthony’s Coal Fired Pizza. MAREJ
SHORT HILLS, NJ — The Blau & Berg Company an - nounced the sale of a ±3,800 s/f retail/office space on Millburn Ave. in Short Hills. Tamara J. Blau and Brad P. Jacobs , senior directors with The Blau & Berg Company, represented both the current owner, a non- profit, and the new owner. “We were able to bring an interested investor to the table before the listing could make it to market, and any time you can match an inves - tor with a seller that quickly it’s a win for all involved,” said Tamara J. Blau. The sale of 549 Millburn Ave. continues a streak of real estate successes in Short Hills and the sur -
rounding areas for the team of Blau & Jacobs. The Blau & Berg Company was founded in 1932 and holds a leading position in the New Jersey and Tri-State com - mercial real estate market. Headquartered in Short Hills, New Jersey, The Blau & Berg Company is an independent, full-service commercial real estate brokerage firm, provid - ing expert and personalized services in industrial, office and retail real estate, includ - ing: site selection, acquisi - tions, dispositions, leasing, tenant representation, port - folio sales, asset repositioning, and property & construction management. MAREJ
Sheldon Gross Realty vice president Eric Weston completes $750K sale of commercial property
types of businesses focused on maintaining cars, including body repairs. This transaction is one of those that’s a win not only for the buyer and seller, but for the local community as well.” Only a short drive from Rte. 21, Rte. 280, and several bridg - es across the Passaic River, the property is ideally positioned to address area residents’ au - tomotive service needs. MAREJ fast and results-driven. With over 1,750 studios across 45 countries, the global franchi - sor places an emphasis on a mix of circuit and high-inten - sity interval training (HIIT) workouts geared towards ev - eryday movements. “One of the leading causes of people opting to avoid the gym is a lack of approachable options within a reasonable distance of their home,” said Tara Levitt, senior director of operations of Club Sports Group, the owner/operator of the Summit Plaza F45 fran - chise.” MAREJ
NEWARK, NJ — A New - ark commercial property has been sold for $750,000, in a
tween Mt. Prospect Avenue and Summer Avenue, the loca - tion will continue to be used as an auto body shop. The proper - ty features various equipment required for conformation with environmental safety protocols, including a spray paint booth, a vehicle frame rack, and a lift. “Newark’s a busy, thriv - ing community, with a lot of motorists,” Weston observes. “There’s opportunity for all
Breslin Realty’s Delavale brokers 10,500 s/f Skechers lease
deal brokered by Sheldon Gross Real- ty vice presi - dent Eric Weston . Lo c a t ed along Verona Avenue, on the block be -
Eric Weston
Alfred Sanzari Enterprises organizes lease to bring global fitness franchise to Hackensack, NJ
including Trinity Rehab, GNC, Harmon Face Values, Great Expressions Dental Centers, Labcorp, Juicy Platters, metro by T-Mobile, Fresh as a Daisy Cleaners, Wize Guys Pizzeria, and Noble Nails & Spa. The property boasts a strategic location at the intersection of Routes 17 and Interstate 80 with ample parking to ensure ease of access for customers visiting the property’s busi - nesses. F45 Training is a global fit - ness community specializing in innovative, high-intensity group workouts that are fun,
HACKENSACK, NJ — Al- fred Sanzari Enterprises announced that F45 Training has signed a lease for 2,749 s/f of retail/gym space at Summit Plaza, a +/-88,000 s/f retail complex located at 370-380 West Pleasantview Ave. in Hackensack. Alfred Sanzari Enterprises was represented by David Greenman of Silbert Realty and F45 Training was represented by Gary Krauss of Pierson Commercial Real Estate Anchored by a Stop & Shop supermar - ket, Summit Plaza features a diverse array of tenants
Whitman Plaza
landlord by Robert Delavale of the Breslin organization. Additional Whitman Pla - za retail includes ShopRite, Pennsylvania Department of Transportation, Burlington Coat Factory, Ross Dress For Less, Goodwill, KPot Korean BBQ, Subway, Dunkin Do - nuts, Citizens Bank, Blink Fitness, Party City, ChenMed, Cavity Busters, Rainbow Shoppes, GameStop, Rent-A- Center, GNC, MRCP, Sally Beauty, Love City Vet, and more. MAREJ
PHILADELPHIA, PA — Breslin Realty is proud to announce the signing of a long-term lease with Skech - ers at 330 W Oregon Ave., Philadelphia. Skechers will be occupying 10,500 s/f in the Whitman Plaza shopping center. Skechers is an athletic foot - wear brand with over 540 stores in the United States, and more than 3,700 interna - tional stores. The transaction was ar - ranged and negotiated for the
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