Member Press Release

Sitar Realty Company announces real estate sales transactions

Sitar Realty Company, Iselin, New Jersey announced the following real estate sales transactions:

 

  • The sale of a 66,000 sq. ft. industrial building at South Foul Rift Road, Harmony from Old Castle to Stateline Fabricators.  Ron Schrader Jr. was the salesperson in this transaction.  The sales price was $2,400,000.

 

  • The sale of a 44,000 sq. ft. warehouse/office building at 1325 Route 34, Wall from 1325 Wall LLC to Chester Lieder.   Gregg Nowell and Doug Sitar were the salespeople in this transaction.  The sales price was $3,100,000.

 

  • The sale of an 8,000 sq. ft. medical office building at 1902 Highway 35, Wall Township from Surgery & Anesthesia Financial Enterpreneurs, LLC to 1902 Route 35 Wall, LLC.  Robert JanTausch and Doug Sitar were the salespeople in this transaction.  The sales price was $1,450,000.

 

  • The sale of a 12,000 sq. ft. industrial building at 5031 Industrial Road, Wall Township from Sonetronics International Inc. to Asset Preservation. Inc.  Helena Loelius and Brian Schrader were the salespeople in this transaction.  The sales price was $1,230,000.

 

  • The sale of the 25,000 sq. ft. church and classroom building at Fort Monmouth, Building 500, Oceanport from F.M.E.R.A. to Triumphant Life.  Gregg Nowell and Doug Sitar were the salespeople in this transaction.  The sales price was $1,000,000.

 

  • The sale of a 9,000 sq. ft. retail building at 1770 Hooper Avenue, Toms River from Vicar Group LP to Hooper Partners, LLC.  Giorgio Vasilis was the salesperson in this transaction.  The sales price was $850,000.

 

  • The sale of a 3,000 sq. ft. office condo at 40 Bey Lea, Toms River from Monmouth Middlesex Realty IV, LLC to Allan Ramiall.  Joseph Allegro was the salesperson in this transaction.  The sales price was $540,000.

 

  • The sale of an industrial building at 68 Brook Avenue, North Plainfield from 1901 Commercial Management Co. Inc. to 68 Brook Associates, LLC.  William Sitar and John Cranley were the salespeople in this transaction.  The sales price was $800,000. 

 


Based in Iselin, New Jersey, Sitar Realty Company-TCN Worldwide is the largest remaining privately owned commercial real estate firm in New Jersey. The firm has been in existence since 1978. Sitar Realty Company specializes in retail, office and industrial leasing and sales, property disposition, consulting, investments, property management, rent receiverships, development and property tax consulting/tax appeals. The firm has consistently represented owners, developers and corporations for some of the largest leases signed in the New Jersey metropolitan area. Sitar Realty Company also has an office in Sea Girt that focuses on both commercial and residential real estate.

In 2011, Sitar Realty Company was selected to become a member of TCN Worldwide. TCN Worldwide is comprised of more than 800 commercial real estate professionals serving more than 200 markets worldwide. As a member of the TCN Worldwide system, Sitar Realty Company is able to provide corporate real estate services to its clients in national and international markets utilizing the best local expertise.

For more information, please visit the Sitar website at www.sitarcompany.com.