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Thursday, November 20, 2008
Retail

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4/15/2008Gottesman Real Estate acquires Old Mill Plaza
by Michael Wayne | | Old Mill Plaza |
Livingston, N.J.-based Gottesman Real Estate Partners has purchased the Old Mill Plaza in Sea Girt, N.J., from New York City-based Sitt Asset Management. The deal was brokered by Bill Lenaz of R.J. Brunelli & Co., Inc. and Gregg Nowell and Chris Santoro of Sitar Company. CB Richard Ellis has been tapped to manage the property. Old Mill Plaza is a 52,000 square foot building that features a mix of retail and professional office space. It is located at 2100 Highway 35 and is currently leased by tenants including Century 21, Shore Spine & Sport, Ralph's Ices, Weight Watchers, Wings Gym, Vicki's Nails, Old Mill Travel, Marcotte Distinctive Catering, Mane Thing Salon and Quickie Print. Gottesman is planning significant upgrades to the property. Nowell is a senior VP with Sitar and has been with the firm since 1995. He is a graduate of the University of Delaware and is a member of the TriState Commercial & Industrial Association of Realtors. Santoro is a sales associate and joined the company in Summer 2003. He specializes in commercial office leasing in Central New Jersey and is a graduate of Marist College. Address: 2100 Highway 35, Sea Girt, N.J. Size: 52,000 square feet Filed Under: Retail | | |
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