SRM UPDATES & NEW ASSIGNMENTS THROUGHOUT NEW JERSEY

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Shoppes at DePiero Farm, Montvale NJ ….UPDATE!!

Bergen County’s premier grocery anchored life style development is well under construction and Wegmans has announced their grand opening this upcoming September 24th, the first location in Bergen County.  The lifestyle buildings are approximately 65% preleased to national retailers; Ulta Beauty, Chipotle, Starbucks, European Wax Center, Vanilla Sky, Club Pilates, Cycle Bar, The Habit Burger Grill & AT&T with considerable satellite interest in the remaining ground level retail.

Limited retail available for lease from approximately 1,200 SF– 12,000 SF seeking fashion and accessory and home furnishings with an estimated delivery of possession Q3 2017.

Contact Brian Silbert for details!

http://www.silbertrealestate.com/listing_details.php?id=6&search=montvale

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KINGS SUPERMARKET ANCHORED CENTER EXPANSION GROUND BREAKING

Bernardsville Centre

80 Morristown Road, Bernardsville NJ

 

Affluent Bernardsville, premier shopping center comprising 74,000 SF and anchored by Kings Supermarket with 16,528 SF expansion under construction and Phase III existing shopping center renovation slated for 2018. Satellite leasing opportunities remain for service retail fashion / accessories and select restaurant uses. Contact Brian Silbert for details!

http://www.silbertrealestate.com/listing_details.php?id=181&search=bernardsville

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THE SHOPS ON THE GREEN – LEASING UPDATE

40 Park Place, Morristown NJ

 

Morristown’s most prominent mixed use retail & luxury mid-rise residential development. Ground level retail now fully leased including 18/8 Men’s Salon and Massage Heights join AT&T, Carlo’s “Cake Boss” Famous Bakery, Starbucks, Roots Steakhouse, Urban Table, Power flow Yoga, Pinots Palette, among others.  14,805 SF lower level commercial space remaining for lease and the most significant retail area “on the green” and suitable for home goods, fashion, entertainment/recreation, professional office, job training facility.

 Contact David Greenman or Brian Silbert for details!

http://www.silbertrealestate.com/listing_details.php?id=41&search=morristown

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NEW ASSIGNMENT

1136 Route 22, Mountainside, Union County, NJ

Rare owner occupant opportunity move in condition!

For sale 11,642 SF two-story professional office building situated on 0.61 acres with 46 onsite parking spaces.  Attractive mezzanine at front lobby area.

Contact David Greenman for details!

Offered for Sale:  $1,650,000

http://www.silbertrealestate.com/listing_details.php?id=196&search=union%20county

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MONACO LUXURY HIGH RISE APARTMENT/RETAIL – LEASING UPDATE

475 Washington Blvd, Jersey City, NJ

 

Two, 50-story towers with 523 luxury apartment in a high-rise rental building with 11,875 square foot ground level retail and garage parking contiguous Double Tree Hotel.  Located on Jersey City’s waterfront, across the Hudson River from Manhattan’s World Financial Center. Retail currently 70% occupied including Santander Bank and VB3 Villa Borghese restaurant, with 3,975 SF last retail unit with a pending deal.  Contact David Greenman.

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FULLY LEASED

Warren Village Shopping Center

64 Mountain Blvd. Warren, NJ

 

Brian Silbert is most pleased to announce full occupancy with the addition of a local ladies apparel store opening soon within the 62,000 SF Kings Supermarket anchored community shopping center with Starbucks, Massage Envy, European Wax Center, Amazing Lash and other strong national retailers located in affluent Warren Township.  Fully repositioned and leased by SRM for the past fifteen years and considered Warren’s premier shopping center.

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FIDELITY INVESTMENTS EXPANSION

750- 762 US-202, Bridgewater, NJ

 

On behalf of Fidelity Investments Brian Silbert President & CEO of SRM, is pleased to announce the expansion of Fidelity Investments into the adjacent Steiner Equities office building and part of the 350,400 SF Wegman’s, Home Depot anchored shopping center, Bridgewater Town Center.  Fidelity’s expanded office will be situated within a 6 story Class A Office building on Route 202 in 3,593 SF while retaining original presence within a free standing 5,000 SF pad as FI’s investor center.  According to Bloomberg.com “Fidelity Investments is a privately owned investment manager. The firm also provides IRAs, 401(k) rollovers, annuities, discount brokerage services, retirement services, estate planning, wealth management, securities execution and clearance, and life insurance services to its clients.”

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 UPDATE TO MAY 2016 ANNOUNCEMENT

KRISPY KREME JERSEY CITY OPENING!

 95 Christopher Columbus Drive, Jersey City, NJ

David Greenman on behalf of SRM is pleased to announce Krispy Kreme opened in February to record sales in Jersey City. Located in the northern NJ market, the space is approximately 2,982 SF within 95 Christopher Columbus Drive, Jersey City, a high rise building within the International Financial Center.  Krispy Kreme is traded on the NYSE (NYSE:KKD) with approximately 2004 stores worldwide and was recently acquired by JAB Holdings for $1.35 billion!

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Contact us for more information

908.604.6900  or  info@silbertrealestate.com

SRM NEWS Q1 2017

CURRENT SRM LOGO

SRM IS OFF TO A BUSY Q1 OF HIGH CALIBER TRANSACTIONS AND ASSIGNMENTS THROUGHOUT NEW JERSEY

New Assignment for Sale:

26-28 Sparta Avenue/CR181), Sparta

Redevelopment opportunity on 0.42 acre (former Sparta Queen Ice Cream) Zoned retail/commercial. Level, highly visible Property is well suited for commercial redevelopment and affording excellent ingress/egress.

Offered for Sale:  $730,000.00

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Recently Sold:

2 Shunpike Road in Madison a two story 12,490 SF multi-tenant professional office building sold on behalf of the Simoff Family to an investment group led by Mike Choi for $1.6M.

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Property Management Assignment:

Sparta Business Campus

376-382 Lafayette Road (Hwy 15), Sparta

Sparta’s premier professional medical complex on 25 acres comprising twin buildings of 47,689 SF.  Sparta Business Campus recently acquired a New York investment firm and we are proud to continue be reappointed as managing agent.  Management Company.  The property is slotted for renovation this year with approved future expansion.

SPARTA BIZ CAMPUS

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Shoppes at DePiero Farm, Montvale

Bergen County’s premier grocery anchored life style development is well under construction and Wegmans is scheduled to open its first supermarket within Bergen County September of this year!  Limited retail available for lease from 1,200 SF– 12,000 sf seeking fashion and home furnishings with a delivery of Q3!

DEPIERO FARM

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Smashburger Opening this April in Cedar Glen Shopping Center

40,852 SF community shopping center anchored by a World Class 67,000 SF ShopRite Supermarket. Accessible from both Routes 22 & 28/CR 614 Branchburg Somerset County

CEDAR GLEN

908.604.6900 s info@silbertrealestate.com

SILBERT REALTY & MANAGEMENT CO. INC.

www.silbertrealestate.com

CORINNE FLERES JOINS SILBERT REALTY & MGMT CO (SRM) BROKERAGE DEPARTMENT AS SENIOR DIRECTOR

CURRENT SRM LOGO

Silbert Realty & Management Co (SRM) is pleased to announce Corinne Fleres has joined our organization as a Sr. Director of Retail Brokerage.  Corinne’s main focus will be team marketing and leasing with regard to various major urban & suburban retail developments assigned to the company as well as expanding our retailer / tenant advisory services.  Corinne joins us with an impressive thirteen year background on the retailer side of our industry and has served as a director of real estate with Aerosoles overseeing a portfolio of 100+ stores and immediately prior while working with Gap Inc., Corinne tracked four Gap brands and 8 regions nationally, while implementing corporate real estate strategies for this well- known retailer.

Corinne possesses a BA from Bucknell University and as double major including as recipient of the Spanish Language Honor Society.

We are pleased to welcome Corinne Fleres to our award winning team!

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