Black Lion, a real estate investment and development firm, has recently listed a retail shopping complex in New Jersey for $86 million. The property is located at 10-50 International Drive S., Flanders and spans 378,000 square feet with 29 storefronts. It boasts an impressive occupancy rate of 98% and is anchored by popular retailers such as Lowes, Michael’s, TJ Maxx, HomeGoods and Ross.
The listing is being handled by Danielle Brunelli and Marion Brunelli of R.J. Brunelli & Co., who have extensive experience in the commercial real estate market. Black Lion acquired the property in 2021 for $49 million and has since completed significant renovations to enhance its appeal.
With over $600 million worth of successful transactions across the nation under their belt, Black Lion has established itself as an expert in transforming retail spaces into profitable investments. Don’t miss out on this opportunity to own a prime piece of New Jersey’s commercial real estate market!
