Retail

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 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.

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.

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.

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.

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.

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.