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ROI Influencers: Real Estate 2022 — Jaime Weiss

The Moonachie-based Weiss Realty president has 55 years of success with a career marked by passion and hard work. From working with Hartz Mountain’s first leases that became “catalysts” for future development to other significant transactions that set the tone for the CRE landscape, Weiss has built a legacy after a half century of deals, smart investment and understanding the communities and trends that propelled him to the top.

Weiss Realty Affiliate Sells Fort Lee, NJ Starbucks Coffee and Bank America Kiosk to JDA Group

Moonachie, NJ (September 2021) - Moonachie based Weiss Realty affiliate 2215 Route 4 Associates LLC announced it has sold a notable Bergen County retail asset that includes a Starbucks Coffee Drive-thru and a Bank of America ATM kiosk located on Route 4 East in Fort Lee, NJ to the JDA Group.

The 20,000 sf property, located at one of the busiest commuter highways in the country leading to the GW Bridge was a former Shell gas station and purchased by the Weiss affiliate in 2008. The ground-up build to suit project for Starbucks Coffee Company and the Bank of America ATM was completed in 2010 and earned Jaime Weiss the Fort Lee Chamber of Commerce “Beautification Award” for most ingenious and beautiful newly constructed complex. Jaime Weiss was also named Fort Lee “Person of the Year” for the development which was designed by Bilow Garrett Architects and the late David Beesley of MacDel Engineering. JDA Group, the Hoboken-based, full-service real estate development company acquired the property for $5.55 million.

“This deal is an exciting step for our company” said JDA Group’s CEO Greg Dell’Aquila. “In addition to giving us a great opportunity to acquire our first stand-alone retail property in Northern New Jersey, it adds two national, credit-rated tenants to our expanding portfolio - a move aligned with our vision for future growth.”

Timothy Connell, V.P. of JDA Group noted that the property’s drive-thru retail focus was a key consideration. “Over the past 18 months as the retail section has been put to the test, this pandemic-proof design has afforded tenants the ability to operate successfully and safely under the most challenging of environments.” Jaime Weiss agreed “the upside in these assets drove very strong interest from the buyer. Drive-thru demand is stronger than it was pre-Covid making it well-positioned to benefit long-term from consumer preference.”

JLL’s J.B. Bruno, Director of Capital Markets based in Morristown orchestrated the off-market transaction for the buyer.

Recognized for its expertise and total client commitment, Weiss Realty provides comprehensive industrial, retail, leasing, sales and investment services to both owners and tenants. Weiss Realty’s current portfolio comprises almost two million square feet of space. For more information please call Jaime or Matthew Weiss at (201) 814-1800 or visit www.jweissrealty.com

Bilow Garret Group Architects Reveals Renderings For 2130 Center Avenue In Fort Lee, New Jersey

New renderings from Bilow Garrett Group Architects and Planners reveal a new six-story residential development near the waterfront edge of Fort Lee, New Jersey. The construction site is located at 2130 Center Avenue, immediately adjacent to I-95 thoroughfare leading up to the George Washington Bridge.

Weiss Realty announces new retail lease with Frappe Joe’s Coffee at The Shoppes at Colonial Village, Edison

Jaime Weiss, managing member of Colonial Village Associates, LLC and president of Weiss Realty, the center’s leasing and managing agency, announced that Frappe Joe’s Coffee has signed a longterm lease for 1,200 s/f at Colonial Village Shopping Center located at Rte. 27 and Parsonage Rd. in Edison.

Weiss Realty Affiliate Acquires 48,492 SF Office Building in Neptune, NJ

Weiss Realty, a leading New Jersey based full-service commercial real estate and investment firm today announced today the successful completion of a major sales transaction with the purchase of 1800-1836 West Lake Avenue, Neptune, NJ for $8,600.000. The three story, 48,492 SF office building is located at the intersection of Route 35 and West Lake Avenue.

Weiss Realty Leases 10,927 SF at Colonial Village Professional Office Park in Edison, NJ

“Colonial Village is the premier location for small medical and professional offices,” commented Jaime Weiss, managing member of Colonial Village Associates, LLC and president of Moonachie-based Weiss Realty, the leasing and management agent for Colonial Village. “Not only is Colonial Village easily accessible from major highways and roads, but it offers office and medical tenants conveniences they won’t find anywhere else. They can buy lunch, do errands during their breaks, get a haircut, get their nails done, buy a cup of coffee - all in Colonial Village. And JFK Medical Center is located nearby on Grove Street in Edison.”

Jaime M. Weiss is the Greater Fort Lee Chamber of Commerce Person of the Year

"Since 1970, the Greater Fort Lee Chamber of Commerce has annually singled out individuals for recognition who have made a significant contribution to the Chamber and the Fort Lee Community," commented Fort Lee Chamber of Commerce president, Gloria Oh. "Jaime Weiss, this year's 41st annual honoree, is an accomplished business and community leader who has gone above and beyond in service to Fort Lee and the surrounding areas."

Colonial Village Associates - Spotlight Press Release

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Brooklyn Company Relocates to Miami, Florida

After an exhaustive search to relocate its Brooklyn, New York production facility to New Jersey, Hard Ten Tree Shirt Company made a tactical long-term decision to...Read More

Reforum-Digital.com, Matthew Weiss

Weiss is a natural leader with excellent communication skills who knows how to be an effective broker in the most complex transactions...Read More

Jaime & Matthew Weiss share a moment with Constance Wrigley-Thomas

executive director 0f the Toronto chapter of the NAIOP at the Hockey Hall of Fame reception during the 2015 National conference this past October 14th in Toronto, Canada October 14, 2015...Read More

Commerce Park Decatur & Macon County Press Release

“Commerce Park, at the Midwest Inland Port in Decatur, Illinois, represents a major opportunity for those companies looking to key-in on the next big...Read More

I Fish Restaurant in Tenafly Celebrates Grand Opening

Jaime Weiss, president of Weiss Realty, announced that I Fish, located at 114 County Road in Tenafly, has officially opened its doors to the public. The ribbon cutting ceremony took place on March 30...Read More

Cautiously Optimistic or the Meadowlands Regional Real Estate Market

The numbers on vacancy rates in the industrial and commercial real estate sectors often vary, but the stories about them are very much alike...Read More

Matthew Weiss - A Rising Star in Commercial Real Estate

As evidenced by a year marked with impressive closed deals, Matthew Weiss is continuing a long tradition of hard work and success in his role as vice president at Moonachie-based Weiss Realty...Read More

Weiss Announces $9.5m Financing of Colonial Village, Edison, NJ

Jaime Weiss, managing member of Colonial Village Associates, LLC and president of Weiss Realty, the leasing and managing agent for the 70,000 s/f shopping center and professional office park, has announced the completion of a $9.5 million...Read More