The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, has brokered the sale of a ±11,000 SF retail facility at 64 River Road, East Hanover. Tamara Blau and Brad Jacobs, both Senior Directors with The Blau & Berg Company, represented the buyer, Tutela Plastic Surgery.
Samuel Bernhaut of CBRE represented the seller and the client was a referral from Suzanne Emrich, a residential broker with Keller Williams at their Summit office. Work is underway to transform the facility into a Medi Spa and Laser Surgical Center.
“With the volatility in today’s market, we are seeing a subtle shift on the tenant side from those wanting to exclusively lease to those now seeking opportunities to own their own buildings”, said Tamara Blau. “This was a case where a prospective buyer wanted his own facility where he could make the necessary improvements to grow his business, and a collaborative effort from all brokers involved made this vision a reality.”