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14

North Bergen Retail Center Flips for $27M

By Tony Seruga

It’s always a full house at RealShare Philadelphia. The Union League, February 9.

Tonnelle Plaza, 8101 Tonnelle Avenue (Routes 1 and 9), North Bergen, NJ

NORTH BERGEN, NJ—Tonnelle Plaza, a 350,000-square-foot retail center with a warehouse component in the New York metropolitan area suburb of North Bergen, NJ, has changed has for a reported $27 million.

Holliday Fenoglio Fowler marketed the property on behalf of the seller, 8101 Tonnelle Avenue. An affiliate of New York-based Northeast Capital Group and BHN Associates purchased the asset free and clear of existing debt…

North Bergen Retail Center Flips for $27M

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