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Real Estate
End Of An Era: Industrial Clifton Condominium Sold To Food Distributer End Of An Era: Industrial Clifton Condominium Sold To Food Distributer
End Of An Era: Industrial Clifton Condominium Sold To Food Distributer The final industrial condominium in a 70,000-square-foot Clifton property redeveloped by Tulfra Real Estate has been sold to a food distributor. The 13,108-square-foot condominium located at 700 Route 46 was sold for an undisclosed amount to Agri Exotic Trading Inc. -- which distributes food to hotels, restaurants, and caterers throughout the tri-state area. The sale was facilitated by Larry Lerman of Lerman Sanders Realty. The 5.3-acre property was purchased by Tulfra Real Estate with a vision to modernize a once-productive property that had since fallen into an idle state. …

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by Cecilia Levine
Business
$10.3M Loan Will Fund Massive Self-Storage Center Across From Garden State Plaza $10.3M Loan Will Fund Massive Self-Storage Center Across From Garden State Plaza
$10.3M Loan Will Fund Massive Self-Storage Center Across From Garden State Plaza A self-storage facility is going up at the former AT&T data center in Rochelle Park. Tulfra Real Estate -- a local real estate redevelopment company -- announced a $10.3 million construction loan for the Passaic Street facility, funded by First Bank in Hamilton.  Proceeds from the loan will be used to construct a 100,000-square-foot, 823-unit self-storage facility on approximately two acres of a larger mixed-use site, which has been rebranded as Village Center of Rochelle Park.  The 7.5-acre site is currently home to a two-story, 55,000-square-foot concrete building. The new self-stor…

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by Cecilia Levine