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Silbert Gets New Construction Lease Assignments

MILLINGTON, NJ-The firm has been hired to fill the retail space at several properties and has picked up a pre-school assignment.

By Eric Peterson | Updated on November 19, 2008

MILLINGTON, NJ-Silbert Realty & Management Co., based here, has picked up several brokerage assignments for new retail construction in New Jersey. In Bergen County, the firm has been retained by the Paramus-based S. Hekemian Group and MDK to market and lease the retail component of Englewood South, phase two, in Englewood. The phase’s 437 residential units, and 200,000 square feet of office and hotel space are part of a larger project encompassing more than 800 residences, 80,000 square feet of retail space and 450,000 square feet of offices on 40 acres fronting Route 4.

“Phase two is slated for delivery in the fall of 2009,” Brian S. Silbert, the firm’s president, tells GlobeSt.com.

In another new assignment, to the west on Route 31 in Washington Twp., Warren County, Silbert is pre-leasing the commercial component of the Village Shoppes at Hawk Pointe, being developed in conjunction with the highly regarded championship Hawk Point golf course and luxury residential community. An under-construction, 65,000-square-foot ShopRite supermarket is nearing completion at the site, and the 130,000-square-foot Village Shoppes will also include multiple retail pads and satellite retail space.

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