Ocean Township, New Jersey (August 25, 2025) – TFE Properties, LLC, announced the acquisition of Orchard Plaza, a 10-acre retail center located on Route 35 South in Oakhurst, NJ.
The retail center was a booming destination for shoppers when it first opened in 1980, but vacancies have increased over time, and the property is ripe for a new, updated vision to better serve the surrounding community.
TFE Properties, known for acquiring and redeveloping existing properties with great potential to create value, has big plans for Orchard Plaza. “Monmouth County is an ever-growing destination for residents, vacationers, commuters, and businesses,” Carey Tajfel, President of TFE Properties explains. “And with the new Netflix production facility coming to the former Fort Monmouth campus, Route 35 is going to see an increase in traffic. We want to make sure the area is up to its peak potential.”
Tajfel went on to explain that while plans for Orchard Plaza have not yet been finalized, a multitude of attractive possibilities remain under careful consideration. “The plaza is situated in an excellent location along a busy thoroughfare surrounded by other thriving retail centers in Ocean Township. We’re confident that with some modernization tailored to the community’s needs, the future site will thrive.”
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 where the team see opportunities to create value. 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.
TFE Properties Purchases Urban Outfitters Building in Westfield, NJ
East Windsor, New Jersey (January 12, 2023) – TFE Properties, LLC, has announced the purchase of the Urban Outfitters building in Westfield, New Jersey. This three-story building, which includes over 12,000 square feet of shoppable space, was formerly a bank branch, giving the location a unique and eclectic vibe. Urban Outfitters has operated this retail location for the past 10 years, and they plan to continue serving the growing and affluent Westfield community.
The building’s distinctive appeal is enhanced by the architectural features of the former bank that have been preserved and repurposed for retail use. The bank’s vault, which dates back to 1922, and safety deposit rooms were converted to fitting rooms and a sales area. The space includes ceiling cornices, extensive woodwork, a chandelier, a fireplace, and a new steel staircase suspended below a preexisting oculus and skylight. The store earned the Urban Outfitters “Store of the Year Award” in 2012.
Carey Tajfel, President of TFE Properties, says, “this building’s unique features, as well as its prominent location in the trendy town of Westfield, New Jersey, made it an excellent strategic investment for our company.” The building is steps away from the Westfield NJ Transit train station in a dense, walkable retail area that features national brands as well as local eateries and boutiques.
For press inquiries and more information about TFE Properties and Hotels Unlimited, 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, NJ. 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.