Suburban Development LLC Acquires Property In Avenel With Buyer's Representative John Lenaz

The property involved in this transaction is a one-acre retail development site located at 906 Us-1, Woodbridge Township, NJ, within the Avenel market. The site formerly housed Bud's Hut restaurant, which operated for the last 50 years. Suburban Development LLC is set to redevelop the property, planning a 2,200-square-foot restaurant building with a drive-thru and an additional 3,000-square-foot retail building.

Summary of transaction details:

• Property Type: Retail Development Site
• Transaction Amount: Undisclosed
• Address: 906 Us-1, Woodbridge Township, NJ
• Market: Avenel
• Buyer: Suburban Development LLC
• Seller: Unknown
• Buyer's Representative: John Lenaz - R.J. Brunelli & Co. LLC

John Lenaz from R.J. Brunelli & Co. represented both the buyer, Suburban Development LLC, and the unknown seller in this transaction, facilitating the successful sale of the property.