Development

Bennett Realty & Development Retained to Sell 122,000 SF New Jersey Shopping Center

Bennett Realty & Development (BR&D), a full service commercial real estate firm based in Holmdel, NJ has been retained as the Exclusive Sales Agent of Mocci Parkway Plaza in Iselin, New Jersey.  Located at the one of the busiest intersections in the region on US-1 & the Garden State Parkway, the Center is currently anchored by Marshalls and DSW with P.C. Richard & Son and HomeSense under construction and slated to open soon.  In addition, a new free-standing Starbucks will locate on a pad site directly on US-1.  Set on 8 acres, the Property has unobstructed visibility to the Garden State Parkway with over 250,000 vehicles per day.  The site is located between two of the State’s largest indoor malls; Woodbridge Center Mall and Menlo Park Mall making the location a super-regional asset that is complimented by proximity to Routes 287, 35, 9, and the NJ Turnpike.  The trade area boasts in excess of 330,000 residents within a five-mile radius with an average household income of more than $150,000.00.  In addition, the Property also has approvals for an additional 133,000 square foot self-storage development.

BR&D’s, William Lenaz and Tyler Bennett are handling the sale which is listed for an undisclosed price.

“This site is the definition of a ‘Trophy Property’.  Given its location and co-tenancy which include some of the most successful retailers in the country, this is a rare offering. We are delighted to bring this to the market and run our process for our client.” Said Bill Lenaz of BR&D.

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Bennett Realty & Development Retained to Sell 122,000 SF New Jersey Shopping Center Read More »

NEW OPENING ALERT!

Congratulations to our client Tommy’s Tavern + Tap on the opening of their latest restaurant in Brook 35 Shopping Center located at 2150 Route 35, Sea Girt, NJ 08750. Go check out this beautiful restaurant.

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

NEW OPENING ALERT! Read More »

Just Closed | Former Pizza Hut | Redevelopment Site

Steve Garthwaite of Bennett Realty & Development just closed on a former Pizza Hut located in Altoona, PA. Below are some quick facts on the deal..

FACTS:

  • Repeat Client
  • Client based in PA
  • Redevelopment site
  • Purchased ALL CASH
  • Buyer Seeking Similar Inventory

Contact Steve Garthwaite for more details:
215.390.4549  |  steve@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Just Closed | Former Pizza Hut | Redevelopment Site Read More »

CLOSED DEAL! – Builders First, Middletown, DE

Steve Garthwaite of Bennett Realty & Development just closed on a Builders First located in Middletown, DE. Below are some quick facts on the deal..

FACTS:

  • Buyer Represented by Steve Garthwaite
  • Local Buyer based in Delaware
  • Contact broker for deal information
  • Financed through Fulton Bank
  • Buyer seeking similar inventory
  • Reach out for other warehouse off market inventory

Contact Steve Garthwaite for more details:
215.390.4549  |  steve@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

CLOSED DEAL! – Builders First, Middletown, DE Read More »

CLOSED DEAL! – 222 North Pottstown Pike, Exton, Pa

Congratulations to Joel Dicker  on the recent purchase of 222 North Pottstown Pike, Exton, Pa., a 3.21 acre high profile property strategically located across from Exton Square Mall.

The property will be anchored by a grocer. Plans also contemplate a retail pad with a drive thru.

For additional information regarding this transaction or If you have any real estate requirements, contact JOEL DICKER @ 908.610.8488   |   JOEL@BENNETTREALTYLLC.COM

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

CLOSED DEAL! – 222 North Pottstown Pike, Exton, Pa Read More »

CLOSED DEAL! – Ferguson IOS Newington, CT

Steve Garthwaite of Bennett Realty & Development just closed on a Ferguson IOS located in Newington, CT. The buyer, was a repeat client. Below are some quick facts on the deal..

FACTS:

  • Buyer Represented by Steve Garthwaite
  • Repeat client, based in NYC
  • Purchased all cash
  • Buyer seeking similar inventory in Northeast
  • Other off market inventory available

Contact Steve Garthwaite for more details:
215.390.4549  |  steve@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

CLOSED DEAL! – Ferguson IOS Newington, CT Read More »

CLOSED DEAL! – ASPEN DENTAL

Tyler Bennett and Nick Binder of Bennett Realty & Development just closed on a Aspen Dental located in New Castle, PA. The buyer, a family office based out of Staten Island, has been a long term client of the firm. They are in the process of restructuring their holdings and sought BR&D to help with the transition. We were able to assist in their 1031 and place them into this strongly located Aspen Dental.   Below are some quick facts on the deal..

FACTS:

  • Price:$1,365,000
  • Pad to a Walmart Supercenter
  • Strong Corporate Guarantee
  • 6+ Years Remain on Base Term
  • Necessity Retailer
  • Growing Concept

Please reach out to Nick or Tyler for more details.
Nick Binder: 609-458-3741 | nick@bennettrealtyllc.com
Tyler Bennett: 732-837-4153 | tyler@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

CLOSED DEAL! – ASPEN DENTAL Read More »

Grand Opening! – Sonic Suds – Toms River, NJ

We are pleased to announce the leasing and recent opening of  Sonic Suds at 1600 Route 37, Toms River, New Jersey.

Congratulations to our client Paul DeStefano on the opening of another beautiful state of the art laundromat. Joel Dicker from Bennett Realty & Development represented the tenant and was the sole broker in the transaction. This marks the 5th deal we have done  with Paul.

 

We are seeking additional locations in Central and North Jersey.

For more information please contact
Joel Dicker
908-610-8488
joel@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Grand Opening! – Sonic Suds – Toms River, NJ Read More »

NEW LISTING! – Former Bank – Williamsport, PA

Steve Garthwaite of Bennett Realty & Development is now representing the sale/lease of a former bank located in Williamsport, PA. Below are some quick facts on the listing…

BUILDING INFORMATION:
List Price: $2,300,000.00
Lease Rate: Undisclosed
Building Size: 6,200 Total Leasable Area
Parcel: 1.24
Square Footage: 6,200sf
Zoning: COM P
TWP: Muhlenberg
County: Berks
Real Estate Taxes: $15,520
Property Insurance: TBD
Common Area Maintenance: TBD
Year Built: 1992

 

FACTS:
» Located directly next to a Top Performing Aldi, (Top 10% in U.S.) *placer.AI
» Desirable Trade Area | 54K+ residents within 5-miles and $69K in Average Household Income
» Expanding Economy | Consumer Spending expected to Increase by 9% in the Next 5 Years
» College Town | Pennsylvania College of Technology (4.5K+ Students) & Lycoming College (1K+ Students) within 3-miles
» Top Employers – Susquehanna Health, Pennsylvania College of Technology, Aramark

 

Please reach out to Steve for more details.
Steve Garthwaite: 215.390.4549 | steve@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

NEW LISTING! – Former Bank – Williamsport, PA Read More »

NEW LISTING! – Former Price Chopper

Joel Dicker of Bennett Realty & Development is now representing the lease of a former Price Chopper located in Taylor, PA. Below are some quick facts on the listing…

FACTS:
YEAR BUILT: 2000
BUILDING SQUARE FOOTAGE: 68,894
LOT SIZE: 7.82 ACRES
PARKING STALLS: 330
CLEAR CEILING HEIGHT: 21.6 FT

Please reach out to Joel for more details.
Joel Dicker: 908.610.8488 | joel@bennettrealtyllc.com

 

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

NEW LISTING! – Former Price Chopper Read More »

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