SRM IS AWARDED SEVERAL NEW PROPERTY MANAGEMENT AND LEASING ASSIGNMENTS- Q4
NEW PROPERTY MANAGEMENT ASSIGNMENT – ROUTE 46 PARSIPPANY
199-200 Baldwin Road, Parsippany, Morris County NJ
According to David Marconi, VP Property Management, on behalf of owner DHJ Management Inc, SRM is pleased to announce it was hired as property manager of Baldwin Plaza, a 46,000 SF shopping center anchored by Walgreens and comprising tenants Concentra Urgent Care, C2 Education, Enterprise among others.
Serving Parsippany residents and commuter traffic, the shopping center was renovated in 2016 and is situated at the signalized intersection of Route 46 & Baldwin Road, less than 1 mile of I-80. According to David Marconi, “this active, successful retail property has a number of tenants that this company has in other company managed assets and will allow for a smooth transition and quality management under the direction of our organization.”
TALBOTS PLAZA FULLY LEASED!
25 Sparta Avenue, Sparta, Sussex County NJ
As managing and leasing agent since the development of this Sparta Planning Board award winning shopping center, it is once again fully leased and 100% occupied and anchored by Talbots since inception.
Situated within Sparta’s affluent downtown, the shopping center comprises women’s well-known apparel retailer Talbots, as well as an established hair salon and a pet grooming facility which serves the community and nearby municipalities with these established retail businesses.
11.22 ACRES OF DEVELOPMENT LAND AVAILABLE FOR SALE– BASKING RIDGE
3074-3066 Valley Road, Basking Ridge, Somerset County NJ
Two contiguous parcels of land along Valley Road (CR512) totaling ±11.22 acres with 450’ frontage and approximately 1.3 miles north of 4-way interchange I-78 exit 36. This premier location within upper middle-income Bernard’s Township, for future redevelopment comprises a level topography, mostly open with each lot containing a residential dwelling. The lands are situated within the R-6 zone affording a wide range of potential uses and development will be served by public utilities.
OFFICE/PROFESSIONAL BUILDINGS FOR SALE WITHIN THE CENTER OF WARREN TWP
67A & 67B Mountain Blvd. Extension, Warren Twp., Somerset County NJ
According to Brian S. Silbert, President & CEO, the firm has been hired by the long-time ownership to market and sell the 61,000-sf office complex. Located one block south of the signalized intersection of Mt. Bethel Road and Mountain Blvd., the 61,000-sf complex comprises a 28,000-sf office building and a 33,000-sf office building situated on a total of 5.21 acres and well suited as a potential company headquarters. To the north are woods and green area allowing for a peaceful, unique setting for prospective future property owners, walking distance to Warren’s many stores, banks, restaurant establishments and medical, while situated less than 2 miles from I-78 exit 36 and State Route 22. The buildings will be delivered at closing free of tenants and in move in condition.