TFE Properties Acquires The Shops at Brick, a nearly 104K SF Shopping Center in Brick Township

Brick Township, New Jersey (March 3, 2025) – TFE Properties announces the purchase of The Shops at Brick, a 103,832 SF shopping center located in Brick, New Jersey. The plaza includes Bonefish Grill and McDonalds as anchor tenants with several spaces available for lease including anchor and junior anchor space opportunities.

Conveniently located between Route 70 and Van Zile Road, The Shops at Brick offer an abundance of on-site parking, excellent visibility and access, and is located within walking distance to approximately 4,000 people. “We’re excited about this addition to our portfolio,” explains Carey Tajfel, President of TFE Properties. “The Shops at Brick is in the heart of Brick Township, a strong community with high income levels and great demographics. We also plan to renovate the façade to give it a fresh clean modern appearance to help the center reach its full potential and align with our high company standards. That, combined with its prime location off two major roadways while being within walking distance for many people will be important factors for future tenants.”

This is TFE Properties’ fifth property they have added to their expansive portfolio in Brick, New Jersey. “There’s a reason we keep coming back to Brick,” Tajfel continued. “It’s a town that is continuously growing and evolving. It’s exciting to be a part of.”

Other Brick developments include Starbucks, Fortunoff Plaza, Boulevard at Brick apartment community, all along Brick Boulevard, and a medical/professional office building off along Chambers Bridge Road.

The Shops at Brick is located 3.5 miles from Exit 88 off the Garden State Parkway, and it offers easy access from Route 70 (40,000 VPD) and Van Zile Road (23,000 VPD). Available spaces range from 1,700 SF to 35,000 SF. For leasing information, contact TFE Properties at (609) 944-4050 or [email protected].

Kevin O’Hearn and Joseph Lopresti of JLL Capital Markets represented the seller and buyer, an affiliate of TFE Properties.

For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.

About JLL: For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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TFE Properties Purchases Former Bank Building on Princeton Hightstown Road, East Windsor

East Windsor, New Jersey (February 17, 2025) – TFE Properties, LLC, announced the purchase of 304 Princeton Hightstown Road in East Windsor, NJ, which was formerly occupied by Fulton Bank. The property features a +/-7,000 SF building on 4.55 acres of land.

The former bank building, located at a signalized intersection of Princeton Hightstown Road and Old Trenton Road, is 1.5 miles from Route 130 and near national retailers including Target, Burlington, CVS, Retro Fitness, Aldi, Ross Dress for Less, and many others.

“We are very familiar with East Windsor and the surrounding areas as it’s home to the corporate offices of TFE Properties and our sister company, Hotels Unlimited,” says Carey Tajfel, President of TFE Properties. “It’s a wonderful town with strong demographics in a rapidly growing area, which is why we anticipate significant interest in this building.”

The building’s future occupant will serve a population of about 93,000 with an average household income of more than $125,000 within a 5-mile radius, and it will see more than 36,000 vehicles passing the intersection daily.

The growing TFE Properties portfolio includes projects in New Jersey and Pennsylvania. The company specializes in buying properties that are well-suited for development as well as properties that are underutilized and ripe for added value through redevelopment, renovation, and market repositioning. TFE Properties looks forward to announcing a wide array of projects that are currently under development and coming soon.

Craig Parcells of JLL Capital Markets represented the seller and buyer, an affiliate of TFE Properties.

For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.

About JLL: For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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Kirby Village, Brand-New Apartment Complex in Somerville, NJ, at Fifty Percent Capacity

Somerville, New Jersey (2/4/2025) – After less than 6 months from opening, TFE Properties is pleased to announce that its newest apartment complex, Kirby Village, has leased fifty percent of the total units that will be available. Once construction is complete, Kirby Village will have 174 total townhome-style apartments.

“We are extremely happy with the response to Kirby Village, and we’re thrilled that renters are enjoying everything about the community we’re building here,” says Scott Tajfel, Regional Property Manager of TFE Properties. “We love hearing all the positive feedback from current and prospective tenants. They love that everything is brand new, and how the community includes amenities like an outdoor heated pool, dog park, and a fully equipped fitness center.”

Kirby Village began leasing and moving-in tenants in July 2024. Its townhome-style apartments feature eight different layouts with one-bedroom and two-bedroom options. Each unit includes a private entrance, spacious floor plan with 9-foot ceilings, large windows for ample natural lighting, and most units have their own private garage.

“Building Kirby Village in Somerville has been an exciting venture. We wanted to make sure tenants had everything they need in and around their home, and it seems like we’ve accomplished that,” explains Carey Tajfel, President of TFE Properties. “The apartments offer high-end amenities paired with a community of modern conveniences. All of which are within walking distance to downtown Somerville that provides a plethora of shopping, dining, and transportation. What’s not to love?”

Nestled in the heart of flourishing Somerville, Kirby Village is conveniently located near Interstate 287, Routes 202 and 206, and several NJ Transit train stations. Residents will enjoy luxury finishes, cutting-edge amenities, and high-tech convenience in the comfort of their home and community.

With Kirby Village opening in 2024, TFE Properties currently has six apartment complexes throughout New Jersey with plans to break ground on the seventh, Winding Woods, in the next few weeks, and has many more apartment complex projects in its robust pipeline coming soon. This brand-new community, located in Lakewood, NJ, will feature 140 apartments with high-end amenities.

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties with opportunity to create value. The company’s primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, and land development. For more information, visit www.tfeproperties.com.

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Zoltek: QuickChek set to join Route 130 retail center in Robbinsville

By Joshua Burd at re-nj.com
For full article, click here.

A new QuickChek convenience store and gas station is coming to a busy retail center in Robbinsville, following a deal arranged by Zoltek Commercial Real Estate Services.

Brokers with the firm represented both parties in the transaction at Hankins Center, which sits at the high-traffic corner of Route 130 and Hankins Road. They noted that QuickChek will join tenants including Dunkin’, Kiddie Academy and First Commerce Bank, adding to the property’s appeal while bringing much-needed convenience and gas service to those traveling on the thoroughfare.

Urszula Zoltek and Matt Ardizzone of Zoltek CRES represented the site’s ownership, East Windsor-based TFE Properties and MSM Realty, and are marketing an available 5,000-square-foot space, as well as an opportunity for a 10,000-square-foot retail strip located in the rear of the center, according to a news release. Zoltek, a principal with the Totowa-based firm, also represented QuickChek in the recent deal.

“We look forward to welcoming QuickChek and are excited about the growing potential of Hankins Center as a dynamic retail hub in Robbinsville!” Zoltek CRES wrote in its announcement.

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TFE Properties Purchases Former First Bank Property in Flemington, NJ

Flemington, New Jersey (September 17, 2024) – TFE Properties, LLC, announced the purchase of 224 S. Main Street in Flemington, New Jersey. The property features two freestanding buildings (2,325 square feet and 966 square feet) on 1.4 acres in the commercial center of Flemington.

224 S. Main Street, located near the Flemington Circle, is seconds from Route 202 and is surrounded by retailers and businesses that are known for drawing traffic to the area including Home Depot, ShopRite, Aldi, Wawa, Burlington, Home Goods, Marshalls, Harbor Freight Tools, McDonalds, Chick-Fil-A, and many others.

“We’re excited about the potential of this location in Flemington,” Carey Tajfel, President of TFE Properties said. “It’s in an excellent location that is easily accessible to the surrounding homes and communities, while being in a highly visible, highly trafficked spot for passersby to access.”

The property is conveniently located at a five-point rotary (S. Main Street, Reaville Avenue, Parker Avenue, Main Street, and NJ Route 12) that on average has approximately 20,000 vehicles pass by daily, as well as over 36,000 people in a five-mile radius.

TFE Properties plans to repurpose the property with an alternative use. Tajfel stated, “We’re confident any retailer that moves into the building will thrive because of its prime location in the prominent town of Flemington.”

For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.

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EZ Self Storage in Howell, NJ Transitions to CubeSmart

Howell, New Jersey (September 9, 2024) – TFE Properties, LLC, announced that their EZ Self Storage facility in Howell, NJ will now be a CubeSmart as of Thursday, August 29, 2024.

The CubeSmart Howell location, which is part of Regal Plaza, includes nearly 550 units with 78,000 square feet of storage space. The complex located at 2299 Route 9 North in Howell, NJ, features computerized gate access and climate controlled, ground-level, and oversized units. It’s prime location on Route 9 with easy access to Interstate 195 and its proximity to new and growing residential and commercial developments has been a major selling point of this facility.

The storage facility, to be newly managed by CubeSmart, has been a part of the TFE Properties portfolio since 1998. “We saw this as a great opportunity affiliating with CubeSmart again,” says Carey Tajfel, President of TFE Properties. “We’ve seen incredible results when we opened a new East Brunswick location in 2020, and we’re excited to expand our relationship with them. We’re confident their brand recognition and expertise will improve occupancy and efficiencies in Howell.”

Anyone interested in renting a unit can contact CubeSmart at 833-967-0993 or visit cubesmart.com/new-jersey-self-storage/howell-township-self-storage/4990.

In addition to CubeSmart, Regal Plaza tenants include Dollar General, The Learning Experience, White Castle, Frutta Bowls, and others. The plaza encompasses 24,000 square feet of retail space. For leasing and additional information on Regal Plaza, contact TFE Properties at 609-944-4050, Option 3.

For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.

About CubeSmart: CubeSmart (NYSE: CUBE) is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility.

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TFE Properties Acquires 93,000 SF Neighborhood Center In Fair Lawn, NJ

East Windsor, New Jersey (Wednesday, August 22, 2024) – TFE Properties, LLC, announces the purchase of three buildings located at the center in Fair Lawn, New Jersey. The three buildings located at the center include Walgreens (18,825 SF), a multi-tenant retail building, (18,900 SF), and a former ShopRite building (54,800 SF), all of which sit on 6.31 acres.

JLL Capital Markets represented the seller, Bon-Marc Realty Co., as advised by Real Estate Asset Management, and also procured the buyer, TFE Properties.

This prime retail site, located in Fair Lawn’s main retail corridor, offers an abundance of on-site parking, excellent visibility and access, and is conveniently located near the walkable downtown area. “This is our first property in Bergen County,” explains Carey Tajfel, President of TFE Properties. “Fair Lawn is a community with strong income levels and great demographics. We’re excited to expand our portfolio in this established neighborhood.”

TFE Properties has an impeccable track record of taking distressed, tired properties and repositioning and turning them around to serve the community. “We plan to upgrade the façade of the multi-tenant building and former ShopRite to give the center a fresh, clean, modern appearance,” Tajfel continued. “The former ShopRite is only 25 years old and is in excellent condition. It’s a great location for another grocer or medical office space.”

The property is in North-East New Jersey near Interstate 80 and Garden State Parkway and offers easy access to New York City. Available spaces range from 1,100 SF to 54,800. For leasing information, contact TFE Properties at (609) 944-4050 or [email protected].

For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].

 

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.

About JLL: For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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Kirby Village: Townhome-Style Apartment Community Opens in Somerville, NJ

Somerville, New Jersey (7/17/2024) – TFE Properties is pleased to announce Kirby Village, a brand-new townhome-style apartment community in the heart of Somerville. Phase 1 of construction is now complete, and tenants are beginning to move in.

Nestled in the heart of flourishing Somerville, Kirby Village is conveniently located near Interstate 287, Routes 202 and 206, and several NJ Transit train stations. Residents will enjoy luxury finishes, cutting-edge amenities, and high-tech convenience in the comfort of their home and community.

The new townhome-style apartments feature eight different layouts with one-bedroom and two-bedroom options. Each unit includes a private entrance, spacious floor plan with 9-foot ceilings, and large windows for ample natural lighting.

“We’re very excited to bring Kirby Village to the bustling town of Somerville. It’s the perfect location for commuters, for new families, and for anyone who wants to be in the center of it all,” Scott Tajfel, Regional Property Manager of TFE Properties, boasted. “Prospective tenants are loving the convenient location, spacious floor plans, modern finishes, and all the high-tech amenities we’ve offered as options, like electric vehicle chargers in select units.” The common areas and apartments are brand new from top to bottom, with units ranging from 800 square feet to 1,452 square feet.

Apartment features include a generous master bedroom, walk-in closet in select units, a balcony or patio/porch, a full-sized washer and dryer, and a spacious kitchen with white soft-close cabinets, quartz countertops, and stainless-steel appliances, among other appealing touches. The community is pet-friendly with an onsite, fenced in dog park, and offers a fully equipped fitness center, kids’ play area, and outdoor heated pool.

“The initial response from the community has been extremely positive. The demographic moving to this area expect an elevated level of comfort and convenience with high-tech features,” says Carey Tajfel, President of TFE Properties “We’re proud to meet those high standards in this community. Our pre-leasing period was busy, and we expect to fill all vacancies in the coming months.”

Kirby Village is centrally located between Bridgewater, Bound Brook, and Branchburg. Residents will have easy access to nearby shopping, dining, and entertainment including downtown Somerville, Bridgewater Promenade, Bridgewater Commons Mall, and Duke Farms.

Kirby Village is located at 50 Kirby Avenue, Somerville, NJ. Prospective tenants are invited to call (833) 950-1414, e-mail [email protected], or visit kirbyvillage.com for more information.

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties with opportunity to create value. The company’s primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, and land development. For more information, visit www.tfeproperties.com.

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RWJ Barnabas Celebrates East Brunswick Center With Ribbon Cutting

Story by Sarah Salvadore on msn.com
Click here to view complete article.

EAST BRUNSWICK, NJ – Officials in East Brunswick got the opportunity to formally welcome RWJ Barnabas Health Medical Center to town.

The medical center held an official ribbon-cutting ceremony for its new Children’s Specialized Hospital recently.

Occupying what used to be the old K-Mart building, 22,000 square feet of space is dedicated to specialized pediatric care.

“On behalf of the Township of East Brunswick and our Township Council – the town welcomes you here and wishes you the utmost success,” Mayor Brad Cohen said.

The medical center will be home to the best clinicians in the state, the hospital said.

“Our mission is to make the lives of the people in this County better,” said Mark Manigan, President & CEO of RWJ Barnabas Health said. “We are providing specialized care so that ideally no one has to leave their community to take care of their kids.”

This state-of-the-art location is also looking to expand soon, to include Rutgers Cancer Institute, Women’s Health Services, and other system partners.

“We are providing accessible, world-class services to children who are facing unique health challenges,” Dr. Michael McDonald, President & CEO of Children’s Specialized Hospital said.

Apart from developing the Route. 18 corridor, Cohen and East Brunswick officials have worked at making the location a “medical corridor.”

The article RWJ Barnabas Celebrates East Brunswick Center With Ribbon Cutting appeared first on East Brunswick Patch.

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First Full-Service Starbucks Store Opens in Monroe Township at Monroe Crossing

Monroe Township, New Jersey (12/14/2023) – A new Starbucks with a drive-thru officially opened in Monroe Township last month – the first location within the Township.  Conveniently located within the Monroe Crossing mixed use development near the intersection of Route 33 and Applegarth Road, the new Starbucks is featured as the endcap of a newly constructed retail strip building containing approximately 11,000 square feet, with approximately 6,188 square feet remaining available for lease.

“We are extremely excited about this addition to Monroe Crossing,” says Carey Tajfel, President of TFE Properties. “We believe residents and commuters alike will enjoy this Starbucks location. Exciting things are happening on Route 33 in Monroe and surrounding areas, including the construction of new retail centers, multi-family residences, and warehouse development.”

The retail component at Monroe Crossing includes three additional pad sites, consisting of an operating Kiddie Academy childcare facility, a signed lease with a future quick service restaurant, and one remaining available pad for lease. The new Starbucks and future neighboring businesses are anticipated to attract consistent strong foot traffic in light of Monroe Crossing’s ideal location along central Route 33 with easy access to other major roadways, including the New Jersey Turnpike.  Monroe Crossing is also positioned in close proximity to new and growing residential and commercial developments.

“The long-anticipated Route 33 transformation is underway taking advantage of its heavy vehicular traffic and large surrounding residential and warehousing projects, with future retail development to follow,” said Gregg Medvin, Executive Vice President of Pierson Commercial.  “Monroe has strong income levels and continues to grow exponentially, yet the community is underserviced with shopping options.  We are fortunate to help reshape the retail landscape and work on this prominent Monroe Crossing project.”

For leasing information, contact Pierson Commercial at (732) 724-3962.

For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].

About Starbucks: Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world’s largest coffeehouse chain. As of November 2022, the company had 35,711 stores in 80 countries, 15,873 of which were located in the United States.

About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties with opportunity to create value. The company’s primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, and land development. For more information, visit www.tfeproperties.com.

About Pierson Commercial

Established in 2011, Pierson Commercial is a leading retail-focused commercial real estate brokerage and advisory firm providing a full range of acquisition, disposition and leasing services. Headquartered in Marlboro, NJ, with an office in New York City, the company’s broad client base encompasses institutional property holders and multi-faceted real estate developers as well as approximately two dozen regional and national retailers with growth strategies targeting the state of New Jersey. In total, Pierson Commercial’s retail leasing and property marketing assignments span over 6M square feet of retail space across major downtown redevelopments, ground-up new construction and existing retail shopping centers.

 

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