NJ Commerical Real Estate News - Team Resources SBWE

TEAM CLOSES A SUCCESSFUL 2011 WITH 4 SALES IN DECEMBER (1/11/2012)

> 23,000 square foot office building at 85 Oxford Drive, Moonachie (Joe Manganaro)

> 126,000 square feet at 7777 Westside Avenue, North Bergen (Eric Lewin, Greg Sholom & David Cantor)

> 244,410 square feet at 1000 1st Street, Harrison (Ron Sholom, Greg Sholom and David Cantor)

> 300,000 square feet at 231 Herrod Boulevard, South Brunswick, NJ (Greg Sholom and David Cantor)

Greg Sholom & Sheila Sachs sell their 55,200 sq. ft. exclusive at 1460 Chestnut Street in Hillside.    (11/30/2011)
    (8/1/2011)
Sale of 110,000 square feet, North Bergen    (8/1/2011)

Greg Sholom and David Cantor of Team Resources SBWE represented PNL Realty in their sale of 110,000 square feet at 7500 Westside Avenue in North Bergen. PNL Realty operates retail furniture stores in Northern New Jersey and Rockland County in New York. Brian Scheuer of Chaus Realty represented 7500 Westside Realty LLC, the purchaser.

SOLD: 146,000 square feet in Edison (5/23/2011)

Team's Exclusive at 20 Kilmer Road was sold today in Edison. The property is 146,000 +/- square feet.

TEAM RECOGNIZED WITH POWER BROKER AWARD (5/23/2011)

Greg Sholom and David Cantor received the same honors for their individual accomplishments. This will be the 7th year for Greg, David and the Team to receive such an award. They haven't missed a year yet!!

PREVIEW THE 16,500 SQUARE FOOT BUILDING WE ARE REPRESENTING (2/22/2011)

High ceilings, heavy power, tailboard and drive-in loading, ample parking and immediate possession. For pricing, to inspect or to be added to our fax list, please call Pat McManus at (201) 438-1177 or email her at pmcmanus@teamresourcessbwe.com.

16,500 s.f. square foot building

TEAM MARKETS 14 OF THEIR EXCLUSIVES IN A MASS MAILING TO APPROX. 5,000 COMPANIES IN NY/NJ THIS WEEK (2/10/2011)

To view the promotional flyers sent, please click on the links below.

http://www.teamresourcessbwe.com/images/listings/att/Listing_16575_33.PDF

http://www.teamresourcessbwe.com/images/listings/att/Listing_16575_34.PDF

http://www.teamresourcessbwe.com/images/listings/att/Listing_16575_35.PDF

http://www.teamresourcessbwe.com/images/listings/att/Listing_16575_36.PDF

FOR SALE - PRICE REDUCED - 24,800 SQ. FT. FLANDERS, NJ (2/9/2011)

Close to Routes 206 & 46. Retail conversion possible. Rail available.

http://www.teamresourcessbwe.com/images/listings/att/Listing_14158_32.JPG

TEAM MARKETING A 66,500 SQUARE FOOT BUILDING IN SECAUCUS (2/8/2011)

with 8,000 square feet of outlet space. The building has plenty of parking loading and power. Additional specs can be found at the link given below.

http://www.teamresourcessbwe.com/property_detail.asp?id=10954

TEAM RESOURCES REPRESENTS MACK COMPANIES IN THE SALE OF THEIR 115,000 SQ. FT. BUILDING (2/7/2011)

at 29 Mack Drive in Edison to an out of the state food distributor. The building has 18' clgs, 12 loading docks, 10,000 s.f. of offices and rail.

LENDING STANDARDS MAY BE EASING (1/14/2011)

Several lending institutions have approached us to solicit commercial mortgage loan opportunities. For well qualified user/borrowers, 20% down mortgages with 20-25 year payout schedules can be negotiated at interest rates in the low to mid 6% range.

TEAM COMPLETES MULTI PROPERTY LISTING ASSIGNMENT (1/14/2011)

Meadowlands property owners Paradiso Rosen entrusted two buildings in its Moonachie Industrial Park simultaneously to David Cantor and Greg Sholom. Both Properties (32,000 s.f. and 45,000 s.f.) were leased in-house.

ATLANTIC HOISTING AND THE STATE OF THE TRANSPORTATION INDUSTRY (1/14/2011)

Greg Sholom and David Cantor brokered the sale of a former 100 door, 8.5 acre truck terminal to Atlantic Hoisting, a major vendor to the construction industry in New York. Atlantic chose the Carlstadt property because of its proximity to NYC and the acreage it was able to get approved for its use. The fact that no transportation company stepped up was of major concern to transportation industry observers.

BLAU, CANTOR AND SHOLOM NAMED "BROKERS OF THE YEAR" (1/14/2011)

Laurence Blau, David Cantor and Greg Sholom were again named as Brokers of the Year by Costar, the real estate information services company. For Sholom and Cantor, this is the 7th straight year they’ve been honored by Costar. Team Resources, Inc has also been awarded CoStar Brokers of the Year every year since its inception in 2002.

G III LEASES 583,000 SQUARE FEET IN SO. BRUNSWICK (1/14/2011)

Cantor and Sholom finished up 2009 with the completion of a major transaction at Exit 8A. G III Apparel (Stock Symbol GIII) leased the entire 583,000 square foot LEED Certified building at 140 Docks Corner Road in South Brunswick. GIII capitalized on the market conditions to secure a long term lease with BlackRock, the property owner.

Recent Property Renewals (8/1/2011)

Team Resources SBWE would like to announce the following transactions:

Joe Manganaro, of Team Resources SBWE, represented Retail Logistics in the lease of an additional 91,000 square feet at 20-30 Continental Drive in Wayne, New Jersey. Retail Logistics now occupies over 500,000 square feet in this Hartz Mountain owned property. Hartz Mountain was represented in-house.

Ron Sholom represented Consolidated Simon in the leasing of approximately 80,000 square foot property located at 905 Murray Road in East Hanover, New Jersey. Consolidated Simon distributes candy and tobacco products to large and small retail stores. The landlord, Vornado, was represented by Resource Realty.

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Team Resources SBWE is one of the leading commerical real estate firms in northern and central New Jersey. We specialize in locating and marketing commercial real estate.