Commercial Real Estate

Urgent Care Use

Writing in the Mid Atlantic Real Estate Journal, Attorney Jessica T. Zolotorofe discusses the growth in urgent care walk-in clinics and the impact on the commercial real estate market.

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C6 Real Estate Partners Close on $27M Garfield property

ANSELL, GRIMM & AARON, PC partner, Melanie J. Scroble, Esq., recently closed a $27 million real estate transaction on behalf of C6 Real Estate Partners, in connection with its acquisition of River Edge at Garfield, a newly constructed 100-unit Class-A multifamily apartment building complex located in Garfield, New Jersey. The acquisition was made through a joint venture with Citymark Capital.

C6 Real Estate Partners specializes in acquiring and operating residential, mixed-use and commercial property in New Jersey and the surrounding area. Brian DiSalvo, a partner with C6, commented, “The transaction involved numerous counterparties with differing agendas and methodologies. The documents were complex and required several layers of negotiation. Ms. Scroble proved critical to the success of the transaction with proficient and reliable counsel and management of the process from contract signing to closing.”

Further details about the transaction are available here:

http://www.prweb.com/releases/prweb14433516.htm

Ms. Scroble focuses her practice on the acquisition, financing, leasing and development of commercial real estate both in the Tri-State area and through-out the Country. She has handled a wide range of sales, acquisitions, leases and financings involving different types of real estate, including retail shopping centers, triple net properties, office buildings and multi-family apartment projects. She is a member of the International Council of Shopping Centers and prior speaker at their annual law conference.

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For more than 85 years, ANSELL GRIMM & AARON, PC has been dedicated to providing excellent legal services in nearly all areas of the law, focusing primarily on New Jersey, New York and Federal matters. In providing zealous advocacy and skilled legal advice to our diverse clientele, our attorneys all practice with a common philosophy… commitment to excellence and commitment to people.

For additional information, please contact Melanie J. Scroble at (973) 247-9000 or mjs@62q.f7d.myftpupload.com.

 

Developers Continuing to Pursue Antitrust Suits

Fidelity Eatontown and QuickChek, represented by AGA attorneys Joshua Bauchner and Michael Ansell, will continue to pursue their claims against Excellency Enterprises, Kennedy Auto Service and others for attempting to eliminate competition in the local market for gas station convenience stores by preventing Plaintiffs’ developments from moving forward.

Fidelity Eatontown and QuickChek asserted violations of the Sherman Act and the New Jersey Antitrust Act, as well as claims for tortious interference and civil conspiracy, by Defendants after they filed allegedly frivolous litigations seeking to delay construction on Eatontown Planning Board approved developments by Fidelity and QuickChek.

According to a story published by www.law360.com by Joyce Hansen, U.S. District Judge Brian R. Martinotti  “ruled that the developers had made claims that could show the gas station companies had tried to discourage competition by making baseless challenges to the developers’ planning applications.”

Bauchner told LAW360 “The court’s decision confirms that entities seeking to abuse the land use process by engaging in sham litigation to prevent lawful competition are properly subject to federal antitrust claims.”

For the full story on Judge Martinotti’s decision, visit www.law360.com.

ANSELL GRIMM & AARON, PC zoning and land use attorneys have successfully secured land use approvals for many notable projects throughout the State of New Jersey and our litigation practice group offers extensive legal acumen as well as an in-depth understanding of all commercial operations. Please contact Joshua S. Bauchner (jb@62q.f7d.myftpupload.com) or Michael H. Ansell (mha@62q.f7d.myftpupload.com) to discuss your case.

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For more than 85 years, ANSELL GRIMM & AARON, PC has been dedicated to providing excellent legal representation. In providing zealous advocacy and skilled legal advice to our diverse clientele, our attorneys all practice with a common philosophy… commitment to excellence and commitment to people. For more information, visit us at 62q.f7d.myftpupload.com.