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Sitar Reality Co. announces transactions totaling more than $22.44M, 400,000 sq. ft.

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    Iselin-based commercial real estate firm Sitar Realty Company announced Tuesday the following real estate transactions:

    According to the announcement, the sale of a 332,000-square-foot industrial building at 45 Brunswick Ave., Edison, from NJND Brunswick Avenue LLC to 45 Brunswick Avenue LLC.  The sale price was $22.44 million.  Thomas Monte and William Sitar Jr. represented the buyer.

    The sale of a 25,900-square-foot zoned light industrial at 201 Memorial Dr., Asbury Park, from 917 Cookman LLC to Asbury Park Developers.  The sale price was $550,000.  Margaret Harvey represented the seller.

    A five-year, 7,984-square-foot lease of office space at 2109 Heck Ave., Neptune, by SBH Oceanfront from JLRZ Holdings LLC.  Brian Schrader and Ronald Schrader Jr. represented the landlord.

    A five-year, 5,099-square-foot lease of office space at 90 Woodbridge Center Drive, Woodbridge, by Modis Inc. from Cenwood Associates.  Robert Giordano represented the tenant.

    A five-year, 6,000-square-foot lease of office space at 1715 Route 34, Wall Township, by Wawa Inc. from Third Avenue Realty LLC.  Robert JanTausch and Douglas Sitar represented both the landlord and the tenant.

    A ten-year, 1,955-square-foot lease of retail space at 100 Water St. Red Bank, by Jersey Mike’s Subs from City Centre Plaza LLC. Edward Hughes and Robert JanTausch represented the tenant.

    A three-year, 11,776-square-foot lease of office space at 2100 Route 35, Sea Girt by Roof Diagnostics Solar from Sea Girt Center LLC.  Ronald Schrader Jr. represented the tenant.  Gregg Nowell and Helena Loelius represented the landlord.

    A five-year, 12,500-square-foot lease of office space at 200 Helen St., South Plainfield, by G&W Laboratories from Nakash 200 Helen Street LLC.  Bill Sitar Jr. and Thomas Monte represented the landlord.

    A three-year, 9,105-square-foot lease of office space at 1 Evertrust Plaza by the Highway Toll Authority from Prestige Hospitality Service.  Robert Giordano and Bill Sitar Jr. represented the tenant, the announcement said.

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    Emily Bader

    Emily Bader

    Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

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