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.