News

OLD BRIDGE, N.J. (12/16/15)—The demise of The Great Atlantic & Pacific Tea Co. elevated the retail vacancy rate along central New Jersey’s major shopping corridors to 8.8% from 7.5% in 2014, according to the latest study by R.J. Brunelli & Co., LLC. Despite the uptick, the region’s 2015 vacancy factor remained a healthy distance from

OLD BRIDGE, N.J. (12/16/15)— Impacted by selective closures of several major big-box stores and the Great Atlantic & Pacific Tea Co. bankruptcy, the vacancy rate in retail properties along northern New Jersey’s six major shopping corridors escalated to 7.9% in 2015 from 7.3% a year ago, according to the latest survey by R.J. Brunelli &

OLD BRIDGE, N.J. (12/3/15)—With the effects of the Great Atlantic & Pacific Tea Co. bankruptcy rippling through the market, the combined vacancy rate along central and northern New Jersey’s 10 major retail corridors escalated to 8.3% from 7.4% a year ago, according to a new survey by R.J. Brunelli & Co., LLC. The Old Bridge-based

OLD BRIDGE, N.J. (11/18/15}-Veteran real estate and hospitality industry executive Peter Weissbrod has joined R.J. Brune IIi & Co., LLC as a sales associate and restaurant specialist. Weissbrod brings over 30 years of experience in the real estate and hospitality industries to his new position at the Old Bridge-based retail real estate brokerage, including a

Founder Richard Brunelli becomes Chairman, Ron DeLuca named CEO, Danielle Brunelli appointed President OLD BRIDGE, N.J. (9/8/15)—Moving to position itself for accelerated long-term growth, R.J. Brunelli & Co., LLC today announced the appointments of founder Richard Brunelli as Chairman of the Board, Ron DeLuca as Chief Executive Officer, Danielle Brunelli as President. All four have

OLD BRIDGE, N.J. (8/18/15) – R.J. Brunelli & Co., LLC today announced the recent completion of a series of leases that will bring major retailers, automotive services, and personal services to sites in New Jersey and nationwide. In its capacity as Dollar Tree’s exclusive real estate representative for all of New Jersey, R.J. Brunelli brokered

OLD BRIDGE, N.J. (5/14 /15) – R.J. Brunelli & Co., LLC today announced the recent completion of a series of leases that will bring major retailers, automotive services, personal and business services to sites in New Jersey and nationwide. In its role as exclusive broker for Edison Commons at 2120 Rte. 27 in Edison, N.J.,

OLD BRIDGE, N.J. (4/28/15) – Retail leasing specialist R.J. Brunelli & Co., LLC, today announced that it has been appointed exclusive tenant representative in Monmouth, Ocean and Middlesex counties by a major, multi-unit franchisee for that area. According to R.J. Brunelli account manager Patti Fiore, the franchisee plans to open five locations per year in

R.J. Brunelli & Co., LLC today announced the recent completion of a series of leases that will bring major retailers, workout, beauty and automotive services tenants to sites throughout New Jersey and Pennsylvania as well as Alabama and Tennessee. In its role as exclusive national leasing representative for AAMCO transmission and total car repair, R.J.

This is a continuation of our ‘Vacancy Survey’ series, please read Central NJ Retail Vacancy Rates 2014 – Part 1 here. No new big-box vacancies were seen along the central corridors since the firm’s 2013 survey. Among the spaces absorbed over the past 12 months, the remaining 62,600-square feet in the long-vacant former Lowes building