TFE Properties Acquires 103,832-Square-Foot Shopping Center in Brick, New Jersey
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Brick, New Jersey — East Windsor, New Jersey-based TFE Properties has acquired The Shops at Brick, a 103,832-square-foot shopping center located in Brick. Bonefish Grill and McDonald’s are tenants at the property. Tenant spaces ranging from 1,700 square feet to 35,000 square feet are vacant and available for lease. Additionally, the property’s former ALDI and Big Lots stores comprise more than 50,000 square feet of vacant space for use. TFE Properties plans to upgrade the building façade.
This sale marks the fifth property TFE Properties has acquired in Brick. Kevin O’Hearn and Joseph Lopresti of JLL Capital Markets represented the seller and buyer, an affiliate of TFE Properties, in the transaction.
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