12A — May 29 - June 11, 2015 — Shopping Centers — M id A tlantic
Real Estate Journal
www.marejournal.com
S hopping C enters
Equity Retail Brokers arrange the sale of a net leased Wawa inv. prop.
Farkas completes a deal with Hand & Stone in Clifton Testa of Jeffery Realty brokers 58,995 s/f retail deal
D
EPTFORD, NJ — Recently completed deals done by Jeffery
Realty : Mike Testa completed a deal with Hobby Lobby in Deptford at The Court At Deptford in 58,995 s/f. Bill Farkas completed a deal with Hand & Stone in Clifton at Clifton Town Center in 2,400 s/f and in Pompton Lakes at Pompton Lakes Town Center in 2,400 s/f. Testa completed a deal with Mellow Mushroom on Rte. 37 in Toms River on a pad site ground lease. Testa completed a deal with
Wawa
a major community shopping center in a densely populated area. The transaction was part of a 1031 exchange for the buyer, a New York based owner. n CBRE promotes Famous to senior managing director LOS ANGELES, CA — CBRE Group, Inc. announced that Brandon Famous , a veteran executive with more
LOWER BUCKS COUN- TY, PA — Stuart Conston and Edward Ginn of Equity Retail Brokers recently rep- resented the seller of a net leased Wawa ground lease in Lower Bucks County. The 4,983 s/f building with gasoline pumps is highly visible, and located on a major commercial corridor directly across from
requested photo
Hobby Lobby stock photo
ping Plaza Rte. 35 in 3,500 s/f. n
Great Play in Middletown at the Kohl’s/Stop & Shop Shop-
than three decades o f exper i ence in retail and commercial real estate, has been ap- pointed se- nior manag- ing director
NAI Hanson inks automotive lease HACKENSACK, NJ — NAI James E. Hanson has leased out 7,500 s/f of special- ized auto repair space at 184 River Street - the 55 Midtown Bridge Approach - on behalf of client Globe Tire Service. NAI Hanson vice president Anthony Cassano managed the transaction between Globe and its new tenant, Pro Auto - a full-service automotive re- pair center that needed a new space to support its continued growth. “Our client was offering a state-of-the art automotive space, which was ideal for any growing automotive service center,” Cassano said. “Pro Auto was looking for a space with a unique combination of central location and outstand- ing features. It’s a great match, and we partnered closely with all parties to ensure this trans- action proceeded smoothly.” n and leader of the company’s Retail Occupier Advisory & Transaction Services practice in the Americas. Famous will be responsible for the prac- tice’s business operations, business development, finan- cial performance and recruit- ment in the U.S., Canada and Latin America. n Brandon Famous
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