R.J. Brunelli completes series of leases throughout N.J.

By Emily Bader
New Jersey | Sep 25, 2019 at 4:00 am

R.J. Brunelli & Co. LLC announced Tuesday it has completed series of leases with a variety of retail, restaurant and personal service firms in North, Central and South Jersey.

The Old Bridge-based retail real estate brokerage also finished a downtown property sale.

The activity, R.J. Brunelli said, was spearheaded by six new leases for Dollar Tree statewide. R.J. Brunelli served as the exclusive representative for the bulk retailer, assisting in new store growth as well as expansion and relocation efforts.

The Dollar Tree deals include:

  • A side-by-side Dollar Tree and Family Dollar, 20,194 square feet; 514 Van Houten Ave., Passaic;
  • 11,847 square feet, Hampton Plaza, Hampton House Road, Newton;
  • 9,579 square feet, Tanger Outlets center, 1010 Atlantic Ave., Atlantic City;
  • 9,710 square feet, Cherry Hill Shopping Center, Church Road, Cherry Hill;
  • 9,765 square feet, Airport Plaza, 7945-49 South Crescent Blvd. (Route 130), Pennsauken.

Each lease was handled by Danielle Brunelli, president and principal, with Pete Nicholson, senior sales associate, assisting on the Cherry Hill and Pennsauken deals. The Newton lease was co-brokered with Lew Finelstein of The Goldstein Group. The Pennsauken transaction was co-brokered with Leor Hemo of Vantage Real Estate Services.

Other notable deals include:

In Plainfield, Alan Gott, senior sales associate at R.J. Brunelli, brokered the sale of a 30,000-square-foot, three-story retail and commercial building at 165 E. Front St. to Newark-based Paramount Assets. Gott represented both Paramount and the seller, Abeco Management, in the deal.

In Middlesex County, the firm brokered the lease for a 24,000-square-foot Jersey Strong gym at the Browntown Shopping Center on Route 516 in Old Bridge. The newly-expanded and -renovated facility is expected to open in the first quarter of 2020. Danielle Brunelli co-brokered the transaction with Richard Brunelli, chairman and principal.

Elsewhere in the state, the firm represented the landlord on a 4,004-square-foot Panera Bread lease at The Park at Hamburg at 910 Hamburg Turnpike in Wayne. The chain is slated to debut in Fall 2020. Curtis Nassau of Ripco Real Estate represented Panera on its lease.

“We expect the center to be 100% pre-leased upon opening in the second quarter of 2020, with other signed leases to be announced soon,” Danielle Brunelli said. “Access to this fully approved project will be enhanced by a new traffic signal that will be placed at the site’s intersection with Valley Road.”

Freehold-based eatery The Bagel Nook leased a 2,400-square-foot plot at The Princeton Shopping Center, a 232,000-square-foot property at 301 North Harrison St. in Princeton. This is the Nook’s second location and it is expected to open in the fourth quarter of 2019. Danielle Brunelli handled the deal.

In Mercer County, R.J. Brunelli brokered a 1,600-square-foot lease with Bright Vision Optical at the Jersey Strong Plaza on Route 130 South in Robbinsville. The shop is expected to open in mid-October. Gott represented the landlord.

Gott also represented Math Genie on its 1,650-square-foot lease at American Plaza located at Route 9 and Texas Road in Marlboro Township. Gott served as the broker for the chain.

In the last deal, Alexis Fiore, sales associate, co-brokered an 1,800-square-foot lease with TC Nails salon at 1287 Route 35 in Middletown. The space should open in March 2020. Fiore represented the tenant and Patricia Amecangelo of CBRE represented the landlord.

Emily Bader | ebader@roi-nj.com | emilybader