News

OLD BRIDGE, N.J. (11/4/04)-Northern and Central New Jersey’s primary retail corridors are heading into the critical holiday shopping season with minimal changes in their vacancy rates from earlier this year, according to R.J. Brunelli & Co., Inc. In an update of the annual study it conducts each January, the retail real estate brokerage today reported

OLD BRIDGE, N.J. (8/19/04)-R.J. Brunelli & Co., Inc. today reported that it brokered $48.8 million in retail real estate transactions during the first half of 2004. Activity for the six months ended June 30 included 25 lease transactions and two property sales. Properties covered by the transactions were located throughout New Jersey, and in New

OLD BRIDGE, N.J. (5/18/04)-R.J. Brunelli & Co., Inc. today reported that it brokered $41.6 million in retail real estate transactions during the first quarter of 2004. Activity for the three months ended March 31 included 14 lease transactions and two property sales. Properties covered by the transactions were located throughout New Jersey, and in New

Vacancies in retail properties along central New Jersey’s four most significant shopping corridors decreased for the third consecutive year during 2003, reaching its lowest level in over 10 years. According to R.J. Brunelli & Co., Inc., the region’s vacancy factor dropped to 3.8% last year from 4.8% in 2002 and 5.7% in 2001, with declines

OLD BRIDGE, N.J. (2/27/04)—After plunging to an historic low of 2.0% during 2002, the vacancy factor in retail properties along northern New Jersey’s major shopping corridors moved up to a still-robust 3.2% in 2003, according to R.J. Brunelli & Co., Inc., which has been evaluating the region’s retail real estate landscape since 1990. While vacancy

OLD BRIDGE, N.J. (2/19/04)–R.J. Brunelli & Co., Inc. today reported that it brokered $118 million in retail real estate transactions during 2003. Over the 12 months, The Old Bridge-based retail real estate firm completed 64 lease transactions accounting for an aggregate rental value of $103 million, and closed seven property sales with a total selling

OLD BRIDGE, N.J. (11/25/03)—R.J. Brunelli & Co., Inc. today announced that it brokered $16.7 million in retail real estate transactions during the third quarter of 2003. Activity for the three months ended September 30 included 16 lease transactions with an aggregate rental of $11.2 million and three property sales with a total value of $5.5

Complex would include retail, restaurant and entertainment elements, along with public recreational facilities, office space, artist lofts and apartments MANALAPAN, N.J. (9/25/03)—Plans for a $90 million, mixed-use, commercial ‘town center’ development at the intersection of State Highway 33 and Millhurst Road were presented to the Manalapan Township Committee at the governing body’s public meeting last

OLD BRIDGE, N.J. (8/11/03)–R.J. Brunelli & Co., Inc. today reported that it brokered $28.5 million in retail real estate transactions during the second quarter of 2003. Activity for the three months ended June 30 included 17 leases with an aggregate rental of $24.7 million and two property sales totaling $3.8 million. This brought the retail

HOLMDEL, N.J. (6/30/03) –With the recent signing of The Sprint Store, all spaces have now been leased at The Commons at Holmdel, a 235,000-square-footlifestyle shopping center that formally opened in fall 2002. R.J. Brunelli & Co., Inc., which has served as exclusive leasing agent for developer Denholtz Associates since the project’s inception, reported that construction