Crossroads Realty Commercial Division

Lakeside Professional Plaza

This is an unusual opportunity to acquire 10,000 sq ft lake front office/residential complex. The building can be used as a single unit or can be subdivided by the new owner into 5 condo units, for either residential or professional use.
Immediate occupancy of 2719 sq ft of fully built out medical/professional office space. It contains 7 exam rooms,4 offices,2 bathrooms and a large waiting room/reception area. Other units will range from approx 1,400 to 2,600 s/f.

Perfect opportunity for medi-spa, with overnight facilities. Also could be used as a residential treatment facility. Ideal for a live/work professional space.

Location Description:
LAKESIDE PROFESSIONAL PLAZA-Currently being converted to a 5 unit medical/professional office condominium complex situated along side a picturesque lake. Busy Route 9 corridor in Berkeley Township. Great growth area between Toms River and Lacey Township.

687 Route 9

Bayville, NJ

Offered at $1,600,000

Call Mark Kotzas at 732 244 2411 for more information

View of the Sea Inn

21 Unit fully operating motel which has full site plan approval for 9 luxury condominium units. Investor can operate income property until such time they decide to build. Real estate taxes currently $15,805.64 Seaside Heights is currently going through gentrification with many high end residential development projects.

Current property owner is willing to install heat in the complex for a qualified buyer, to allow for year round use.

Located two blocks away from Casino Pier, which is under new ownership. Walking distance to the beach, this will be a perfect family resort hotel.

Recently reduced to $1,680,000

Call Mark Kotzas at 732 244 2411 for more information

From the Recent Press Article

.....much of the office space in Ocean County is also occupied by small tenants. About one-third is medical offices located around the county's four hospitals. Mark Kotzas, broker at Crossroads Realty in Toms River, said his office has completed about a half-dozen sales and leases for medical space so far this year.

"Bit of a glut"

In Toms River, there is "bit of a glut" of office space, Kotzas said. Buildings were constructed last year in anticipation of a cardiac surgery center at Community Medical Center in Toms River, he said. But the center never came to fruition.

"Two years ago, you would have been hard pressed to find 2,500 square feet of medical space in Toms River," he said. "We have had a 180-degree change in the office market here."

Markets in southern Ocean County, including Stafford, are strong, he said. "The growth in office space is going to be south of us here" in Toms River, Kotzas said. Read the article...

Field Crest Commons Retail and Office Complex

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Green Buildings

"Green" Buildings Don't Have to Be New

28 Jan, 2008, New York, NY

By Amy Cortese (Courtesy of the New York Times)

JUST about every month, a glitzy tower rises somewhere in the country, boasting the latest in “green” design and technology. To many people, that is an encouraging trend, especially when considering that commercial buildings account for more than 60 percent of the nation’s electricity consumption, according to government estimates, and generate 30 percent of all greenhouse gas emissions.

Yet these buildings represent a small fraction of the nation’s estimated 4.5 million commercial properties, many of which were erected decades ago before sustainable, or green, designs became de rigueur. This vast stock of older buildings presents a much bigger opportunity to cut down on energy consumption and carbon emissions that contribute to the warming of the planet.

The real estate industry has recently begun to turn its attention to “greening” existing buildings. The United States Green Building Council — whose Leadership in Energy and Environment Design, or LEED, program has become the de facto standard for sustainable building — has guidelines that address older buildings. Called LEED for Existing Buildings, or LEED-EB, the three-year-old program provides a laundry list of steps that building owners and managers can take to operate and manage their properties more efficiently. Read more...