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TFE Properties Acquires The Shops At Brick Retail Center Represented By JLL Brokers

Property Image
SOLD

New Jersey

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Retail103,832 SF
Sold 03/04/2025
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SOLD

TFE Properties Acquires The Shops At Brick Retail Center Represented By JLL Brokers

137 179 Van Zile Road

See Similar Deals
Retail103,832 SF
Sold 03/04/2025
Contact now

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.

Players

Kevin O’Hearn
52 deals$2.3B volume(973) 549-2018
BROKER

Joseph Lopresti
JLL
5 deals$60.6M volume(631) 962-7384
BROKER

Carey Tajfel
6 deals$65.2M volume
BUYER

Details

SOLD
IMAGE: Carey Tajfel, Joseph Lopresti & Kevin O’Hearn DATE: 03/04/2025 ADDRESS: 137-179 Van Zile Road MARKET: Brick ASSET TYPE: Retail ~ SF: 103,832 BUYER: Carey Tajfel - TFE Properties BROKERS: Joseph Lopresti & Kevin O’Hearn - JLL (@JLL) NOTE: TFE Properties acquired The Shops at Brick, a 103,832-SF shopping center in Brick, NJ. JLL’s Kevin O’Hearn and Joseph Lopresti represented both the seller and buyer, with TFE planning façade upgrades and leasing vacant space.

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