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CLOSED DEAL!!! – Somerset Village Shopping Center

CLOSED DEAL ANNOUNCEMENT!

Congratulations to Joel Dicker on the recent purchase of Somerset Village Shopping Center located at 900 Easton Avenue, Somerset, NJ at Foxwood Drive. Joel Dicker from Bennett Realty & Development represented the Buyer in the transaction. Bill Mooney from Jeffery Realty represented the Seller. There is pad site availability as well as in line space for lease from 975 sf – 9,000sf.and a to be constructed 10,000 sf bulding suitable for child daycare, medical, and professional office.

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

 

ARE YOU ATTENDING ICSC LAS VEGAS? SCHEDULE A MEETING WITH A MEMBER OF OUR TEAM AT THE ICSC LAS VEGAS CONFERENCE!  For More Information, Please Visit: 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!!! – Somerset Village Shopping Center Read More »

CLOSED DEAL!!! – Tractor Supply

CLOSED DEAL ANNOUNCEMENT!

Congratulations to Nick Binder of Bennett Realty & Development who recently closed on a Tractor Supply located in the Pittsburgh MSA on behalf of a repeat international client. Below are some quick facts on the deal.

-15 Year NN+ Lease

-Attractive Low Rent PSF of $8.93

-Pittsburgh MSA Location, Strategic Market Location

-Retrofit of Old Grocery Store

-Larger Format Store

Please reach out to Nick for more details. This client is seeking similar inventory. Nick Binder  |  609-458-3741  |  nick@bennettrealtyllc.com

 

ARE YOU ATTENDING ICSC LAS VEGAS? SCHEDULE A MEETING WITH A MEMBER OF OUR TEAM AT THE ICSC LAS VEGAS CONFERENCE!  For More Information, Please Visit: 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!!! – Tractor Supply Read More »

CLOSED DEAL!!! – Woodbridge, NJ

Congratulations to Bill Howard on the acquisition of a brand new build to suit City MD. Woodbridge, NJ.

Facts:

  • Woodbridge, NJ. Absolute NNN – Zero LL responsibilities.
  • The Urgent Care Market is $56.7 Billion and growing.
  • 2% annual rent escalations.
  • The acquisition was all cash.

Legal Services by Edward Bruton, ESQ. Gillman , Bruton, Capone Law. ebruton@gbclawgroup.com 732- 333- 0905

FOR MORE INFORMATION CONTACT BILL HOWARD:  Bill@BennettRealtyLLC.com  |  908-614-8931

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!!! – Woodbridge, NJ Read More »

CLOSED PORTFOLIO!!! – GEORGIA

Congratulations to Steve Garthwaite on the recent Closing of three Arby’s Locations:

  • 605 E Parker St, Baxley GA
  • 66 South Tallahassee St, Hazlehurst, GA
  • 752 South 1st St, Jessup, GA

Facts:

  • Sale price: $5,039,000
  • 3 property portfolio in Georgia
  • Out of state buyer
  • Negotiated and arranged simultaneous closing to fund operators purchase of business
  • Negotiated 15 year leases at COE
  • Contact broker for cap rate and similar inventory

FOR MORE INFORMATION CONTACT: STEVE GARTHWAITE, VP 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 PORTFOLIO!!! – GEORGIA Read More »

TOMMY’S TAVERN + TAP OPENS IN CHERRY HILL, NJ

TOMMY’S TAVERN + TAP OPENS IN CHERRY HILL, NJ

Congratulations to our client, Tommy’s Tavern + Tap on the recent opening at 2050 Route 70, Cherry Hill, New Jersey. This un-matched location in on of S. New Jersey’s strongest trade areas has incredible visibility and presence! Best of luck to the entire Tommy’s Team! Go check it out!

 

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.

TOMMY’S TAVERN + TAP OPENS IN CHERRY HILL, NJ Read More »

INVESTMENT SALE ALERT!!!! – Staten Island, New York

1493 Hylan Blvd. Staten Island, New York

  • ABSOLUTE NET LEASED INVESTMENT PROPERTY
  • LONG TERM STABLE TENANT
  • HIGH BARRIER MARKET
  • BEAUTIFULLY BUILT OFFICE BUILDING

For additional information regarding this transaction or If you have any real estate requirements, contact:

Tyler Bennett at 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.

INVESTMENT SALE ALERT!!!! – Staten Island, New York Read More »

CLOSED DEAL!!! – Plainfeild, NJ

1112 North Avenue Plainfeild, NJ

Congratulations to Joel Dicker on the recent sale of an Industrial Warehouse property located at 1112 North Avenue, Plainfield, NJ.

Joel Dicker from Bennett Realty & Development represented the Seller in the transaction. Ryan Buerkle from, JLL represented the Buyer.

Special shout out to my clients Dennis Cieri and Tyler Bennett and to the buyer, Gala Productions. Best of luck to all!!

 

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!!! – Plainfeild, NJ Read More »

JUST CLOSED!!!! – Brand New Construction Dollar General!

Savanah, GA Metro Market

  • First Time STNL Client/Existing Relationship
  • Site Selection, Underwriting, and Transactional Support
  • Absolute Net Lease
  • 15 Year Term with increases

For additional information regarding this transaction or If you have any real estate requirements, contact:

Tyler Bennett at 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.

JUST CLOSED!!!! – Brand New Construction Dollar General! Read More »

GAS/C-STORE VETERAN JOINS BENNETT

GAS/C-STORE VETERAN JOINS BENNETT REALTY & DEVELOPMENT

Bennett Realty & Development (BR&D) is pleased announce that industry veteran Jeffrey Albanese has joined their rapidly growing team as Director.  Jeff has over 40 years of experience in commercial real estate and operations. Most recently, Jeff served as Senior Real Estate Manager at QuickChek for 25 years where he was responsible for some of the region’s most successful gas/convenience store locations. During his tenure at QuickChek Jeff was involved in completing over ninety (90) new Gas/Convenience Store locations in some of the highest-barrier-to-entry markets in the Country. Prior to QuickChek Jeff was a key member on the rapid expansion of Krauszer’s Convenience Stores where he worked on the operation side of the business. Jeff possesses strong negotiation skills and extensive experience appearing before many Land Use Boards in New Jersey and New York where he was intimately involved in the approvals of many ground-up development deals.

 

With extensive experience in the planning, growth, and execution of multiple retail businesses in the northeast, including intimate knowledge of ground-up development, Jeff utilizes his experience to source projects and sites with the highest return on investment for his clients. His unmatched skillset allows him to excel at implementing real estate strategies for Tenants and Buyers alike and by leaning into his past involvement in the site selection and land entitlement process to avoid length and critical mistakes.

 

“I am very excited to join this dynamic group of professionals. Tyler and the TEAM have created an atmosphere of collaboration allowing all to be successful in what is an extremely competitive industry” Jeff Albanese added.

Additionally, Jeff has sat on Planning, Zoning and Municipal Utility Boards in New Jersey and understand the power of collaboration with property owners, attorneys, engineers, environmental engineers, and other professionals driving multiple projects through the approval process.

 

Founder and CEO Tyler Bennett said, “I have known Jeff for over a decade, and he has exemplified the Good-Human First approach we have here.  His qualifications and experience are unmatched in the gas/convenience store and land-development side of the business.  Jeff further enhances our CLIENT-FIRST platform.  I am incredibly excited to have him on the TEAM!”

 

Jeff resides in Sparta, NJ with his wife.  He is a licensed Salesperson in the state of New Jersey.  Jeff is a father and grandfather who enjoys spending time with family and friends and attending as many concerts as he possibly can.

 

If you have any real estate requirements contact Jeff Albanese: 732.365.2119 | Jeff@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.

 

GAS/C-STORE VETERAN JOINS BENNETT Read More »

CLOSED DEAL!!! – Little Silver, NJ

32 & 38 Church Street, Little Silver, NJ

Congratulations to Joel Dicker and Bill Howard on the recent sale of a commercial property located at 32 & 38 Church Street, Little Silver, NJ consisting of two separate structures totaling 9,629 sf on .886 acres

Joel Dicker and Bill Howard of Bennett Realty & Development LLC representing the Seller were the sole brokers involved in this transaction.

 

For additional information regarding this transaction or If you have any real estate requirements, contact:

JOEL DICKER | 908.610.8488 | JOEL@BENNETTREALTYLLC.COM

Or

BILL HOWARD | 908-614-8931 | BILL@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

CLOSED DEAL!!! – Little Silver, NJ Read More »

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