MORRIS PLAINS, NJ-Not content to lie on a beach somewhere the past few months, Charles Fern and Joel Lubin, executive vice presidents for Weichert Commercial of Morris Plains, NJ, capped off the summer with a spate of transactions across Central New Jersey. Their efforts, a mirror of the transactional activity in the hot New Jersey industrial market, concluded with the sale a 107,000-sf building in North Brunswick, NJ to Trans City, an out-of-state investor, on behalf of Steiner Equities.

That wasn’t anywhere near the duo’s biggest deal of the season by any means. That honor goes to its lease of most of the 329,000-sf former Tops Appliance distribution facility in Edison to RPM, which will use it as a cigar distribution center. Jacobson, Goldfarb & Tanzman of Woodbridge, NJ represented Tops, which recently shut down its retail operations.

In addition, Lubin and Fern signed Selective Distribution to a lease for 100,000 sf at a Heller Construction warehouse in Edison, NJ. And, Principal Financial closed on a 15-acre parcel listed exclusively by Weichert in South Brunswick, NJ. Approvals have been obtained to build a 240,000-sf industrial facility on the Melrich Road site, which will be used for undisclosed purposes.

Elsewhere, the Weichert duo leased some 270,000 sf for Vornado Realty Trust in Edison, NJ (tenant and use haven’t been revealed); renewed a lease for 140,000 sf on behalf of Avi Don Management in Edison, NJ; leased 85,000 sf to United Distribution in Keasbey, NJ; and signed Victory Packaging to a 750,000-sf lease in Edison, NJ.

According to Weichert president Ron Mahr, the activity generated by the two brokers has something to do with chemistry. “They combine experience and market knowledge with just pure relentlessness.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.