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Associate Sara Soliman Arranges Sale of 16,000 S.F. Mixed-Use Property in Hunterdon County
Woodbridge, N.J., February 3, 2025 – Kislak Commercial Real Estate Services, Inc., the commercial sales and leasing affiliate of The Kislak Company, Inc., announced the recent sale of Echo Hill Plaza, a 16,000-square-foot mixed-use commercial retail and office building at 1128 Route 31 in Lebanon, Hunterdon County, New Jersey, for $1,275,000.
Kislak marketed the property on behalf of the seller with commercial sales and leasing associate Sara Soliman handling the assignment, and she also procured the purchaser. The parties were not disclosed.
Ms. Soliman commented: “This was the buyer’s first acquisition of a building of this size, facilitated through an I.R.C Section 1031 exchange and supported by seller financing. The offering presented an attractive investment opportunity and although the process involved various complexities, we worked through them diligently to ensure a successful closing.”
Echo Hill Plaza, formerly the Van Cleef Engineering professional building, boasts a prime location with stunning wooded views, ample natural light, and a well-maintained structure. The property has a mix of excellent tenants and is strategically positioned near Route 78, making it an attractive investment opportunity.
The building is situated in a high-traffic area, with an average of 25,000 vehicles passing by daily. Ms. Soliman further demonstrated her commitment to enhancing the property’s value by securing a new beauty bar tenant for the property.
Lebanon is an independent municipality in Hunterdon County in northwestern New Jersey that is surrounded by Clinton Township. In 2024, the financial website SmartAsset ranked the more than 3,000 counties in the United States based on property value, median income and investment income. Hunterdon County ranked the 37th wealthiest in the United States and third in New Jersey but with highest median income in the state at $133,534.
Sara Soliman joined Kislak in 2023 focusing on commercial leasing and sales in central New Jersey and received the firm’s Rising Star award in 2024. Ms. Soliman is a graduate of Kean University with a Bachelor of Fine Arts degree in interior design. Sara brings her expertise in project management and experiential retail and hospitality space design to her real estate assignments and transactions.
About Kislak
Kislak Commercial Real Estate Services, Inc. is the commercial sales and leasing affiliate of The Kislak Company, Inc., which is headquartered in Woodbridge, New Jersey, and is a leading commercial real estate brokerage consistently recognized for its investment sales success. Established in 1906, Kislak’s market leadership position and longevity are due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak’s prestigious client base includes individual investors and owners, partnerships, financial institutions, and REITs. The firm’s professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Delaware, and Florida.
Now in its 119th year, Kislak was among a select group of firms recognized as a 2023 Power Broker by CoStar Group, Inc. and this was the firm’s 18th consecutive recognition. Kislak was also named by NJBIZ as a 2024 Leader in Real Estate, Construction and Design and this was the firm’s third recent recognition.