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New York & Tri-State  + New Jersey  + Retail  |  September 25, 2023
Emily Fu
By: Emily Fu

NJ Retail Shopping Complex Lists for $86M  

Real estate investment and development firm Black Lion has listed a retail shopping complex in New Jersey for $86 million. The listing is held by Danielle Brunelli and Marion Brunelli with R.J. Brunelli & Co.

Located at 10-50 International Drive, S. Flanders, New Jersey the completely renovated 29-storefront plaza is anchored by several retailers including Lowes, Michael’s, TJ Maxx, HomeGoods, and Ross, spans 378,000 square feet, and is being marketed for sale at 98% occupancy.  

Black Lion acquired the property in 2021 for $49 million and has undertaken extensive renovations. The listing is being managed by R.J. Brunelli & Co. Black Lion has a track record of transforming and enhancing retail spaces across the nation, with over $600 million in transactions to its name. 

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Inside The Story

Danielle Brunelli

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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