May 21, 2020
The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, is proud to represent Blackstone 360’s ±33,000-SF commercial retail space located in the Lotus 315 mixed use development. Lotus 315, located at 315 S Harrison St in East Orange, also features 180 fully leased mutlifamily units overhead. Blackstone 360 (B360) is a Newark-based development firm that develops, designs, and constructs transformative, luxury multi-family and mixed-use real estate in untapped, urban communities. The Blau & Berg Company’s Christian Benedetto, Director of Business Development and Karine Blanc, Sales Associate are the brokers representing B360’s unique property.
The mixed-use property is ideally located along the bustling South Harrison Street corridor, connecting East Orange and South Orange and in close proximity to I-280, GSP, I-78, and the NJ Turnpike. The mixed-use development includes 113 surface-level parking spaces as well as an approved, corner unit drive-thru, ideal for any number of cafe, pharmacy, or bank tenants. The 33,000 total square footage can be flexibly divided to suit any retailer’s need.
“High density, luxury residential development in East Orange has flourished over the last decade, with city dwellers opting for the transit oriented, amenity focused, and upscale housing offered throughout the B360 East Orange portfolio,” says Airaj Hasan, President and CEO of B360. “Residents throughout our East Orange luxury properties now demand retail that matches their lifestyle and values.”
“East Orange has been designated a quintessential city for urban renewal thanks to key developments such as Lotus 315,” says Blanc. “This project will bring some much-needed retailers to this part of the city to service residents in the nearby vicinity.”
About The Blau & Berg Company
The Blau & Berg Company (www.blauberg.com) was founded in 1932 and holds a leading position in the New Jersey and Tri-State commercial real estate market. Headquartered in Short Hills, New Jersey, The Blau & Berg Company is an independent, full-service commercial real estate brokerage firm, providing expert and personalized services in industrial, office and retail real estate, including: site selection, acquisitions, dispositions, leasing, tenant representation, portfolio sales, asset repositioning, and property & construction management.