Development

Bennett Realty & Development is pleased to announce the Closing of 242 S. 8th Street, Newark, NJ. Matt represented the Landlord and negotiated a bid that was $151,000 over asking. We thank Matt for his dedication to his work and wish the new owners much success. For more information regarding this transaction, please contact: Matt Ardizzone | 732.230.2838 | matt@bennettrealtyllc.com

We are excited to share an update of our new corporate headquarters and how it’s coming along. The building is totally framed and waiting for the roof to be placed. We are on schedule and hopefully, we’ll be able to share more as we come closer to completion. Please Stay tuned!

The building will consist of two floors (first and second) with a great entry and multiple offices with window views. Parking for staff and guests in the rear of the building. For more information, please contact Tyler Bennett, CEO – 732.837.4153.

We are proud to announce that Bennett Companies will soon have a new home & address. Just minutes from our current location, we have acquired land and plan to develop and construct our brand new office building. This decision will allow our company to grow to the future while offering a state-of-the-art professional workspace. Once we break ground, we will have more information to post as we will document the construction via updates. Upon completion, we plan on having a welcoming event for our guests and clients to view our new space. Until that day comes, continue to check your emails. We want to thank our entire team and clients that have allowed us to dream big! Watch Out 2022!
For more information, please contact: Tyler Bennett, CEO 732.837.4153 tyler@bennettrealtyllc.com

The soon-to-be-built Wendy’s Restaurant, located on Route 35 & Wyckoff Road in Eatontown, New Jersey, will add more choices to the area’s quick-service restaurants. As shown in the attached video, the restaurant’s ground location is flattened in preparation for the next step of the construction phase.

For more information on Wendy’s Restaurant construction update, please contact:

Tyler Bennett, CEO
72.837.4153
tyler@bennettrealtyllc.com

Bennett Realty & Development (BRD) and EDEN Property Company, LLC (EDEN) are proud to announce the sale of 803 South Avenue in Plainfield, New Jersey. The development project is fully approved, located in Redevelopment and Opportunity Zones, and included a 30-Year PILOT. It will bring tremendous value to this ever-changing area of the City. 

The Project consists of a 104 market-rate apartment and 115 on-site covered parking stalls with amenities that included an 8,000 square foot, meticulously designed outdoor landscaped courtyard and an adjacent 4,000 square feet of highly functional indoor amenity space which incorporates a fitness room and club room. Located in the Netherwood area of the City, the site is within walking distance to the NJ Transit Train Station providing direct access to Newark and Manhattan via a transfer. 

Bordering the site are Routes 22, 27, and 28 as well as Interstates 78 and 287 offering excellent vehicular connections to the Metro area. The Project is also well positioned to some of New Jersey’s largest workforce concentration centers including the Bridgewater and MetroPark submarkets. 

BRD & EDEN hired CBRE to manage the marketing and sale of 803 South Avenue. We are thrilled by their great work procuring the buyer, West of Hudson. We congratulate the new owner and are eager to see the completed project which is just one of many future developments that BRD & EDEN are engaged in to strive to create new growth within the City of Plainfield.

“This is our second joint-project in the City of Plainfield which is a testament to our belief in the market and the fundamentals. This project wouldn’t happen without the unwavering support of the City of Plainfield and Mayor Mapp’s administration,” said Tyler Bennett, CEO of BRD. “We are excited to continue this relationship and announcing more projects soon.” 

Dennis Cieri, CEO of EDEN added; “We are delighted to see this project finally coming out of the ground after nearly 4 years of diligent work. Our team, the City, and our ongoing belief in this market created a true one-of-a-kind multi-family project that will benefit the City for years to come.”

Minno Wasko Architects, Dynamic Engineering, and Calli Law comprised of the design, engineering, and land use team for the Project. 

About Bennett Realty & Development (BRD)
Bennett Realty & Development is a fully-integrated commercial real estate company with offices in New Jersey and North Carolina. With a focus on commercial and multi-family development and third-party services including disposition, investment sales, leasing, and tenant representation, BRD maintains an unrivaled specialized approach to the commercial real estate space. 

For more information, please contact: 
Ray Martinez
Digital Marketing Manager
info@bennettrealtyllc.com 

Feel free to follow our CEO, Tyler Bennett via: 
Linkedin: @tylerbennett
Instagram: @tylerobennett

Feel free to follow BRD via: 
Linkedin: @bennett realty & development, Instagram:@bennett_realty_development
Facebook: @Bennett Realty & Development LLC
Twitter: @bennett_realty

Just recently, we had our ground-breaking event in the City of #Plainfield for our latest #multifamily project. What began as a novel idea nearly 4 years ago is finally happening. In replacement of this building, you see in the picture will stand 120 beautifully appointed, market-rate #apartments adjacent to #NJTRANSIT train station.

We’d like to thank Mayor Mapp, the City Council, Valerie Jackson, and our entire #Team including Dynamic Engineering, Minno Wasko, and Calli Law.

None of this is possible without these folks endorsing our #vision. It is a true example of a “Public-Private” partnership. We look forward to this building coming to life and being a staple of the City for many years to come and to many more #redevelopment projects in the city.

Bennett Realty & Development

development #gratitude #cre #StayTheCourse #cityofplainfied