Sitar Realty Company, with offices in Iselin and Manasquan, New Jersey announced the following real estate transactions:
The sale of a ±2,671 sq. ft. medical office building at 168 Main Street in Woodbridge, New Jersey from Jan Leahy DMD, LLC to MILCNJ, LLC Perry Dental & TNJ Center. The sales price was $510,000. Luan Kichen and Ronald Schrader Jr. represented both parties in this transaction.
The sale of a ±14,005 sq. ft. retail building at 804-808 Arnold Avenue in Point Pleasant Beach, New Jersey from the Estate of Robert Jager to Michael Iarrapino. The sales price was $1,916,414.63. Robert JanTausch and Douglas Sitar represented both parties in this transaction.
The sale of a 27-unit, ±20,990 sq. ft. senior apartment complex at 2538 Allaire Road in Wall Township, New Jersey from Allaire Senior Apartments, LLC to Allaire Suites, LLC. The sales price was $3,100,000. Ronald Schrader Jr. represented both parties in this transaction.
The leasing of ±10,101 sq. ft. of office space at 200 Centennial Avenue in Piscataway, New Jersey by Bierman ABA, Inc. from 200 Centennial Property, LLC. Robert Bogash, Gregg Nowell, and Douglas Sitar represented the landlord in this transaction.
The leasing of ±3,143 sq. ft. of office space at 436 South Avenue in Westfield, New Jersey by Utopia One, LLC from 436 South Avenue West Acquisition, LLC. Gregg Nowell and Douglas Sitar represented both parties in this transaction.
The leasing of ±3,250 sq. ft. of office space at 6 Commerce Drive in Cranford, New Jersey by Homeside Hospice, LLC from 6 Commerce, LLC. Gregg Nowell represented the tenant in this transaction.
The leasing of ±8,658 sq. ft. of flex office space at 245 Willow Brook Road in Freehold, New Jersey by Spectrotel Services, LLC from Denholtz 245 Willowbrook, LLC. Phil Meoli and William Sitar Jr. represented the tenant in this transaction.
The leasing of ±3,000 sq. ft of retail space at 191 Route 9, South in Manalapan by Caliber Construction from 191 Route 9, LLC. Douglas Sitar and William Sitar Jr. represented both parties in this transaction.
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 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.