Tag Archives: Commercial Property

Blue Asset Management LLC Offers Rahway New Jersey Commercial Property for Sale

Wayne-based Blue Asset Management LLC is offering an app. 8,000 square foot commercial building for sale located in the redeveloping downtown area cof Rahway, New Jersey.

Rahway, NJ, April 30, 2013 -(Straight Line PR)- Wayne-based Blue Asset Management LLC is offering an app. 8,000 square foot commercial building for sale located in downtown Rahway,, New Jersey.

Charles Blumenkehl, CEO of Blue Asset Management LLC, said “We are offering a unique opportunity for an operator or re-developer to leverage the ongoing revitalization of the prime downtown district.” The property is located in the downtown district, across from the Rahway train station.

Beginning in the early 1990s and continuing through the present day, the City of Rahway has rebounded as its downtown has seen the construction of new restaurants, art galleries, market-rate housing and the old Rahway Theatre reopening as the Union County Performing Arts Center. The theater underwent a $6.2-million renovation and expansion project, completed in 2007.

Blumenkehl continued, “While we see a tremendous opportunity to benefit by the continued strengthening of the region, we have determined that this particular opportunity is outside our fund parameters, and are offering it at a deep discount to market value.”

The property is being marketed by Joni Sweetwood and Julie Gralla of Kislak Realty who can be contacted at 732 750-3000 for more information about the property. For more information about Blue Asset Management LLC, log onto the company website at www.blueassetmanagementllc.com or contact the company directly at 973 835-1400.

Distribution By Straight Line PR (http://www.straightlinepr.com)

Contact:
Gail Cherenson
Blue Asset Management LLC
2282 Hamburg Tpke,
Wayne, NJ 07470
973 835-1400
cblue@bluerealty.com
http://www.blueassetmanagementllc.com

US leads way for Commercial Property Investment, claims AAA

The US is leading the way in the bid to attract commercial property investors, according to a report from Association of Foreign Investors in Real Estate (AFIRE), which has been welcomed by AAA.

Boston, MA, USA, January 8, 2013 — The US is leading the way in the bid to attract commercial property investors, according to a report from Association of Foreign Investors in Real Estate (AFIRE), which has been welcomed by Alternative Asset Analysis (AAA).

The annual survey from AFIRE has found that four of the top five cities in the world for commercial property investment are in the US for the first time since the annual survey started in 2001. AAA claims that this suggests that the outlook for the US economy is perhaps even more positive than expected, with businesses keen to move into the country and commercial property deals increases reflecting this.

AAA’s analysis partner, Anthony Johnson, said, “Investing in real estate in US cities could bring very strong returns for those looking for alternative investments to balance their portfolios. Real estate, along with timberland, is a good medium to long-term investment prospect and can offer individuals with just a relatively small amount of cash to invest with a significant pension income, for example.”

New York was still number one in terms of commercial property investment, with London hanging on to the number 2 spot. However, numbers three, four and five were more of a surprise to investment experts, explained AAA.

San Francisco rose to third from fifth, followed by Washington DC, with Houston, Texas coming in at number five, despite not being ranked at all last year.

“Houston was a surprise to us,” James Fetgatter, the chief executive of AFIRE told Reuters. “San Francisco and Houston being in the top five global cities, it shows that this is where our people think the economy is going to revive. They believe these are where the drivers of the economy are going to be – in energy and tech.”

AAA advocates alternative investments, such as real estate investment and investment in timberland through sustainable models like those used by Greenwood Management in its Brazilian plantations.

About Alternative Asset Analysis:
The remit of Alternative Asset Analysis is to analyse and provide news on the global performance of a wide range of alternative asset classes including, but not restricted to, commodities, real estate, forestry, foreign exchange, hedge funds, private equity and venture capital.

Media Contact:
Anthony Johnson
Alternative Asset Analysis
71 Commercial St
Boston, MA 02109-1320
617-939-9596
info@alternativeassetanalysis.com
http://www.alternativeassetanalysis.com