7-28-17

6C — July 28 - August 10, 2017 — Brokerage Directory — M id A tlantic Real Estate Journal

www.marejournal.com

B rokerage D irectory

ALL TWP., NJ —A portion of the sec- ond floor at 4810 Jaffe, senior vice president manages transaction Sheldon Gross Realty brokers Wall Township office location lease to Trademark Management W

president, Sheldon Gross Re- alty, who completed all ar- rangements within 30 days of Trademark’s initial inquiry. In comparison, the industry standard for such leases is 45-60 days. “Time was of the essence, since this tenant was a relo- cation for Trademark,” said Jaffe, who represented the les- sor. “So, as soon as I received Trademark’s call, we pushed hard to complete the deal as quickly as we could. It’s a great location, right in town, and in addition to benefitting Trademark, it will also help the other companies at this location.” n Cityvest Realty Corp. secures high profile retail space for Mattress Firm NEW Y ORK , N Y — CityVest Realty Corp. an- nounced that it has completed a 3,300 s/f lease with Mattress Firm, one of the largest spe- cialty mattress retailers in the US, at 1276 Lexington Ave. at 86th Street, one of the busiest intersections on the Upper East Side. The landlord, 1276 Lex Own- er, LLC, controlled by Dennis Riese , built out the interior space and the façade for Mat- tress Firm, which entailed the creation of a new 300 s/f ground-floor entrance with a stairway and an elevator lead- ing to a 3,000 s/f second-floor showroom. “This creative use of space in one of the best retail locations in the city allows Mattress Firm, a rapidly expanding seller of specialty mattresses, to penetrate an important market in one of the most exclusive neighborhoods in the nation,” said CityVest Realty Corp. president Mark Stempel , who represented the property owner in the 10-year transaction. Brokers Jeffrey Roseman, Marc Frankel and Drew Weiss of Newmark Grubb Knight Frank represent the tenant. 1276 Lexington Ave. is situ- ated in the heart of the 86th St. retail corridor. n 1276 Lexington Ave.

Belmar Blvd. in Wall Twp. h a s b e e n l e a s e d t o Trademark M a n a g e - ment Group i n a d e a l brokered by We s t O r -

Glenn Jaffe

ange-based commercial/corpo- rate real estate firm Sheldon Gross Realty, Inc. The transaction in the of- fice building was managed by Glenn Jaffe , senior vice

4810 Belmar Blvd.

Made with FlippingBook HTML5