6-12-15

2B — June 12 - 25, 2015 — New Jersey — M id A tlantic

Real Estate Journal

www.marejournal.com

N ew J ersey

Marc Isdaner represents the seller in sale of 96,000 s/f Colliers concludes $2.7m sale of two industrial buildings

COMPLETED PROJECTS:

Crossroads

Howell Commons

Eatontown, NJ

Howell, NJ

COMPLETED PROJECTS:

Crossroads

Howell Commons

Eatontown, NJ

Howell, NJ

B

ELLMAWR, NJ — Colliers Interna- tional recently con-

Ethan Allen Marlboro, NJ

Restaurant Depot

Walmart Brick, NJ

Neptune, NJ

Ethan Allen Marlboro, NJ Completed Project: Lobby at Pelham Manor, NY 12,000 square foot fit-out, value engine ring to meet the owners aggressive 6 weeks schedule. Restaurant Depot Walmart Brick, NJ Neptune, NJ

cluded the sale of two industr ial / f lex bui ld- ings at Kor- man’s Inter- state Busi- ness Park in Be l lmawr , NJ t o one

Linden Commons

Blink Fitness Clifton, NJ

Linden, NJ

Linden Commons

Blink Fitness Clifton, NJ

Linden, NJ

Construction in Progress: TJ Maxx – Woodbridge, NJ 32,000 square foot ground up construction, tilt up construction, site work improvements to turn key.

Marc Isdaner

buyer - Bellmawr Indus- trial and Technology Center, LLC. According to Marc Is- daner , senior vice president and principal of the Colliers

CELEBRATING OUR 109 TH YEAR

Commercial Real Estate Brokerage

Southern New Jersey divi- sion, the buildings sold for $2.7 million. Isdaner repre- sented the seller - Korman Commercial Properties. The buildings are located at 420 and 440 Benigno Blvd. and total over 96,000 s/f. The two building site, com- monly called Kor-Center, is a multi-tenant industrial/ flex complex with a portion of two-story office units. The largest tenant is Show-n- Tell Media, who is affiliated with the buyer. Other ten- ants include Dade Paper, Spectrum Show Services, JDJ Construction and many DOT contractors who are working on the construction of the highway at I-295 and Route 42. This represents the elev- enth building sold in the park by Isdaner in the past 24 months. Only three of Korman’s buildings remain for sale: 32,000 s/f, 45,000 s/f and 131,000 s/f build- ings. These are offered at affordable rates with flexible floor plans ideal for light in- dustrial, manufacturing or distribution. Korman’s Interstate Busi- ness Park is centrally located at the hub of the Northeast Corridor, at Route 42 and I-295 (Exit 3) of the NJ Turn- pike in Camden County, Bellmawr, NJ. n

Newark, New Jersey 156 Residential Units - 4 Buildings

Hackensack, New Jersey 52 Residential Units Daniel Lanni ext 248 Andrew Scheinerman ext 247

East Orange, New Jersey 206 Residential Units Robert Squires ext 287

Scott Davidovic ext 290 Michael Salomon ext 243

Investment Sales Commercial Sales and Leasing Bayonne, New Jersey 20 Residential Units Davis Briones ext 370 Philadelphia, Pennsylvania 28 Units + 2 Commercial Anthony Palmiotto ext 357

Red Bank, New Jersey 45 Residential Units Daniel Lanni ext 248

www.kislakrealty.com 732 750 3000

The Kislak Company, Inc.

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