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
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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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TFE Properties and Hotels Unlimited Announce Sale of Days Inn East Windsor, Purchase of Warehouse/Flex Building in Ocean Township, NJ

East Windsor, New Jersey (Tuesday, November 28, 2023) – TFE Properties and Hotels Unlimited (a division of TFE Properties) have completed the sale of the Days Inn by Wyndham East Windsor as of Thursday, November 9, 2023. The company has also recently purchased a warehouse/flex building at 42 Cindy Lane in Ocean Township, New Jersey.

In reference to the sale of the Days Inn by Wyndham East Windsor, company president Carey Tajfel says, “We thank all of our patrons and guests for 29 years of business. Our decision to sell the Days Inn was based on wanting to upgrade our hotel portfolio and expand our real estate ventures. We have many happy memories and have forged deep ties within the East Windsor area, and these ties will only strengthen as we continue to operate the nearby Holiday Inn East Windsor and our corporate offices for Hotels Unlimited and TFE Properties.”

The purchase of 42 Cindy Lane is the first warehouse/flex building for TFE Properties with the company portfolio now including all segments of the real estate sector: hotels, retail space, office space, self-storage, multi-family, and warehouse. “We’re excited to expand into this new category, and we’re proud to have an exceptional, every-growing portfolio in all asset categories,” said Carey Tajfel.

42 Cindy Lane, a 30,230 sq ft single-story building, was built in 1989 and is situated on a 5.08-acre lot. It is fully occupied, and tenants include Cooper Electric and KMSCO, Inc. The building is conveniently located near Routes 35, 18, 33 and the Garden State Parkway, and is less than 3 miles from the site of the new 100,000 sq ft Amazon Fulfillment Center.

The growing TFE Properties portfolio includes projects in New Jersey and Philadelphia. 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.

 

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, 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 Hotels Unlimited: Hotels Unlimited, Inc., established in 1990, is a division of TFE Properties which owns and operates nine hotels in locations throughout New Jersey, including hotels affiliated with Holiday Inn®, Holiday Inn Express®, Radisson®, DoubleTree®, Hilton Garden Inn®, Days Hotel®, and Sheraton®. Since 2012, hotels owned and operated by Hotels Unlimited, Inc. have won over 54 TripAdvisor Certificates of Excellence, which distinctions are awarded to only the top 10% of hotels nationwide. For more information about Hotels Unlimited, Inc., please visit www.hotelsunlimited.com.

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Newly Transformed DoubleTree Tinton Falls Re-Opening

Tinton Falls, New Jersey (August 21, 2023) – Hotels Unlimited, Inc. is proud to announce the grand re-opening of the newly transformed DoubleTree by Hilton in Tinton Falls, New Jersey. The recently completed $7 million floor-to-ceiling renovation includes an overhaul of all guest rooms and suites, lobby, ballrooms, meeting rooms, outdoor pool, and all hotel common areas, including a fitness center and onsite restaurant, Cobalt Café & Lounge.

Upon arriving, guests will notice the exterior of the 178-room hotel received an upgrade as well. The modern color palette was added to provide a soothing, welcoming feel to the exterior façade before you even step foot in the lobby.

“We’re excited to re-introduce the DoubleTree by Hilton in Tinton Falls to all travelers,” says Carey Tajfel, President of Hotels Unlimited. “The hotel is perfect for the corporate and leisure travelers as well as vacationing families in search of a superior hotel experience in central New Jersey.”

Conveniently located off the Garden State Parkway, the DoubleTree Tinton Falls’ renovations were designed with guests in mind. The hotel common areas and rooms were given a modern facelift that exude a welcoming vibe. Guests love the modern, functional design of the furniture that includes an abundance of built-in charging options. Whether you book a standard king or double queen room or one of our 11 spacious suites, we guarantee you’ll have an exceptional experience and a great night’s sleep. And, as always, guests adore the signature warm DoubleTree chocolate chip walnut cookies given at check-in.

One guest raved, “This newly renovated hotel was such a pleasant surprise. We stayed at the DoubleTree by Hilton in Tinton Falls for two nights when we were in NJ for a family wedding, and everything was perfect. The hotel was beautifully decorated with perfect little touches at every turn. We were upgraded to a suite, and it did not fail to impress. The room was very large, and the king size bed was comfortable with upgraded linens. I would highly recommend this DoubleTree for anyone looking for a home away from home in the Tinton Falls area. Oh, and the complimentary cookies were delish!”

In the words of another guest, “The hotel underwent a massive renovation and looks gorgeous…! I cannot say enough wonderful things about the staff being so welcoming during my stay. If you are coming to this area or anywhere close, I HIGHLY recommend booking at this property!”

Members of the press interested in attending the upcoming re-opening celebration are invited to contact Jenny Halat, Marketing Director, at (609) 632-0006 x8518 or [email protected]. For corporate and group rate inquiries, please contact Debbie Pizzola, Executive Director of Sales, at (609) 578-0138 or email [email protected]. For hotel reservations, please visit www.tintonfallseatontown.doubletree.com or call the hotel directly at (732) 544-9300.

Hotels Unlimited, Inc., established in 1990, includes 10 hotels in locations throughout New Jersey affiliated with Holiday Inn®, Holiday Inn Express®, Radisson®, DoubleTree®, Hilton Garden Inn®, Days Inn®, Days Hotel®, and Sheraton®. Under their affiliate company, TFE Properties, they also own and operate commercial real estate including many projects under development. Since 2012, their hotels have won 54 TripAdvisor Certificates of Excellence, awarded to the top 10% of hotels nationwide, and their banquet venues have won 199 consumer choice awards from The Knot, Wedding Wire, and New Jersey Bride, awarded to the top 2%-5% of wedding professionals. For more information about Hotels Unlimited, please visit www.hotelsunlimited.com.

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TFE Properties Purchases Office/Medical Building in East Brunswick, NJ

East Windsor, New Jersey (Thursday, July 20, 2023) – TFE Properties, LLC, has announced the purchase of the office/medical building located at 465 Cranbury Road in East Brunswick, New Jersey. The 21,758 sq ft, 2-story building, built in 2004, is situated on a 1.53-acre lot and offers an elevator and abundant parking spaces. The building is conveniently located near RWJ University Hospital and Hackensack University Medical Center, and its strategic location offers access to sixteen world class medical facilities including Children’s Specialty Hospital, Saint Peters University Hospital, and more.

Carey Tajfel, President of TFE Properties, says, “this building is located on the heart of Cranbury Road, which we’ve come to learn is the ‘medical and services corridor’ of East Brunswick, one of the strongest medical corridors in the state. We’re excited to add another quality East Brunswick property to our growing portfolio.” 465 Cranbury Rd’s central New Jersey location, near Route 18 and New Jersey Turnpike, offers easy access to New York City and Philadelphia.

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, and land development. For more information, visit www.tfeproperties.com.

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TFE Properties Purchases Walgreens in Aston, PA

East Windsor, New Jersey (February 7, 2023) – TFE Properties, LLC, has announced the purchase of the Walgreens building in Aston, Pennsylvania. The 15,120 sq ft building, built in 1999, is situated on a 1.69-acre lot. This Walgreens features a convenient double drive-thru and is ideally located at the intersection of Concord and Pennell roads in a busy retail corridor which includes Giant, BigLots, Family Dollar, Dollar Tree, CVS, Wawa, Planet Fitness, Dairy Queen, Taco Bell, Wendy’s, Wells Fargo, TD Bank, and more.

Carey Tajfel, President of TFE Properties, says, “this was an appealing investment for us due to its location in a busy Philadelphia-adjacent retail hub near Neumann University and other attractions. Plus, the tenant is a top-performing Walgreens with a long history of successful operations.” The Walgreens is located in Aston Township, a dense, affluent location in the Philadelphia metro area, about 20 miles southwest of Center City Philadelphia.

Walgreens is the second largest pharmacy store chain in the United States, operating nearly 9,000 drugstores as of August 2021. Founded in 1901, Walgreens employs more than 240,000 people and is headquartered in Deerfield, Illinois. Walgreens has continuously and successfully operated in this Aston location for over 23 years.

For press inquiries and more information about TFE Properties, please contact Julia Coppock at (609) 944-4010 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, and land development. For more information, visit www.tfeproperties.com.

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