News

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

OLD BRIDGE, N.J. (4/29/03)–R.J. Brunelli & Co., Inc. today reported that it brokered 13 retail real estate lease transactions carrying a total aggregate rental of $11.3 million during the first quarter of 2003. The transactions covered properties throughout all areas of New Jersey, and a location in Pennsylvania Activity was led by three deals for

OLD BRIDGE, N.J. (3/17/03)—The retail vacancy rate along central New Jersey’s four primary shopping corridors declined to 4.8% during 2002 from 5.7% the previous year, according to R.J. Brunelli & Co., Inc., as a steep downturn in the vacancy factor on Route 9 and a slighter decrease on Route 35 offset rising rates on Routes

OLD BRIDGE, N.J. (3/12/03)–R.J. Brunelli & Co., Inc. today announced that it has signed new agreements to provide exclusive broker representation services in New Jersey for a variety of properties, including subleases for a former Pathmark property at Windsor Green Shopping Center, a former Shop-Rite location at Arrow Mill Plaza, as well as lease opportunities

OLD BRIDGE, N.J. (3/10/03)— Vacancies in retail properties along northern New Jersey’s major shopping corridors dropped to an historic low of 2.0% during 2002, according to R.J. Brunelli & Co., Inc., which has been evaluating the region’s retail real estate landscape since 1990. The improvement from the 3.1% vacancy factor in the firm’s 2001 study

OLD BRIDGE, N.J. (2/19/03)–R.J. Brunelli & Co., Inc. today announced that it has signed new agreements for tenant representation services in New Jersey with KinderCare Learning Centers, Lumiere Candles & Beyond, Quizno’s Subs and Work Out World. KinderCare, headquartered in Portland, Ore., appointed Brunelli as preferred broker for Hunterdon, Middlesex, Monmouth, Somerset, Essex and Union

OLD BRIDGE, N.J. (1/29/03)–R.J. Brunelli & Co., Inc. today reported that it brokered just under $100 million in retail real estate transactions during 2002. The Old Bridge-based retail real estate firm completed 60 lease transactions carrying a total aggregate rental of more than $74 million and closed seven property sales with a total selling price

CONSTRUCTION TO BEGIN ON HARTFORD CORNERS POWER CENTER IN DELRAN, N.J.; ARC PROPERTIES NAMES R.J. BRUNELLI EXCLUSIVE LEASING AGENT –Lowes Home Improvements and Shop-Rite to anchor 412,000-sq.-ft. center DELRAN, N.J. (10/24/02)–After nearly five years in the planning stages, the Hartford Corners Shopping Center has become a reality. An official ground-breaking ceremony for the retail power