Tulfra and Hampshire Will Redevelop Former Roche Property in Belleville
ByIndustrial is hot in the Garden State, but how is it comparing to competitors? Go beyond the big five and get the latest market intelligence at RealShare INDUSTRIAL in Atlanta! With a special networking reception at the new College Football Hall of Fame. Nov 3-4. National event!
Sonny Jumani of Tulfra Real Estate
BELLEVILLE, NJ—Tulfra Real Estate has completed its acquisition of the former Roche Diagnostics property in Belleville, NJ, and Tulfra CEO Sonny Jumani says the site is big enough to support a hotel and two restaurants, among other uses.
The Rochelle Park, NJ-based industrial real estate and management company has teamed up with Morristown, NJ-based Hampshire Companies to acquire the 20-acre vacant parcel at Franklin Avenue and Mill Street. The partners, which have a decades-long relationship and have combined to develop more than three million square feet, intend to redevelop the strategically located site and are in the process of considering redevelopment options and plans for the property.
The Township of Belleville has conditionally designated Tulfra as the redeveloper of the site, which Roche previously used for a manufacturing facility…
Tulfra and Hampshire Will Redevelop Former Roche Property in Belleville