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TFE Properties Acquires The Shops At Brick Retail Center Represented By JLL Brokers
SOLD
New Jersey
See Similar DealsRetail103,832 SF
Sold 03/04/2025
SOLD
TFE Properties Acquires The Shops At Brick Retail Center Represented By JLL Brokers
137 179 Van Zile Road
See Similar DealsRetail103,832 SF
Sold 03/04/2025
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:103,832 SF
Transaction Type:Sale
The Shops at Brick is a retail shopping center located at 137-179 Van Zile Road in Brick, NJ. The asset encompasses a total of 103,832 square feet and is situated in a competitive market environment.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 137-179 Van Zile Road
- Market: Brick
- Buyer: Carey Tajfel - TFE Properties
- Brokers: Joseph Lopresti & Kevin O’Hearn - JLL
TFE Properties, represented by Carey Tajfel, has acquired the shopping center with plans for façade upgrades and leasing of vacant spaces. JLL's Joseph Lopresti and Kevin O’Hearn facilitated the transaction by representing both the buyer and seller in the deal.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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