{"id":25057,"date":"2025-03-04T03:50:48","date_gmt":"2025-03-04T08:50:48","guid":{"rendered":"https:\/\/www.shorebeat.com\/brick\/?p=25057"},"modified":"2025-03-04T17:19:35","modified_gmt":"2025-03-04T22:19:35","slug":"major-brick-shopping-center-acquired-by-new-owner-improvements-planned","status":"publish","type":"post","link":"https:\/\/shorebeat.com\/brick\/2025\/03\/major-brick-shopping-center-acquired-by-new-owner-improvements-planned\/","title":{"rendered":"Major Brick Shopping Center Acquired by New Owner, Improvements Planned"},"content":{"rendered":"
\"The<\/a>

The Shops at Brick (Photo: TFE Properties)<\/p><\/div>\n

A Brick Township shopping center has been acquired by a new ownership group and will be rejuvenated with improvements and new tenants, the company said.<\/p>\n

The Shops at Brick, which is currently anchored by Bonefish Grill and McDonald\u2019s as its anchor tenants, has now come under the ownership of TFE Properties. The owner already has a significant footprint in the township, with ownership stakes in Starbucks, Fortunoff Plaza, the Boulevard at Brick apartment community \u2013 all along Brick Boulevard \u2013 and a medical and professional office building along Chambers Bridge Road.<\/p>\n

Originally built in 1963, the 100,671 square foot shopping center has attracted numerous big-name tenants over the years, including the former Channel hardware chain, Aldi supermarket and Big Lots box store. Aldi most recently moved to the new shopping center that replaced the former Foodtown supermarket property on Route 70.<\/p>\n

FTE\u2019s representatives said in a statement that they were seeking to make improvements to the 31-acre property, including attracting new flagship tenants.<\/p>\n

\"The<\/a>

The Shops at Brick (Photo: TFE Properties)<\/p><\/div>\n

\u201cWe\u2019re excited about this addition to our portfolio,\u201d said Carey Tajfel, President of TFE Properties. \u201cThe Shops at Brick is in the heart of Brick Township, a strong community with high income levels and great demographics. We also plan to renovate the fa\u00e7ade to give it a fresh clean modern appearance to help the center reach its full potential and align with our high company standards.\u201d<\/p>\n

Tajfel said the \u201cprime location off two major roadways,\u201d while being within walking distance for many people, will be important factors for attracting future tenants.<\/p>\n

\u201cThere\u2019s a reason we keep coming back to Brick,\u201d Tajfel said. \u201cIt\u2019s a town that is continuously growing and evolving. It\u2019s exciting to be a part of.\u201d<\/p>\n

The sale price of the property was $6,800,000, according to Ocean County deed records.<\/p>\n

<\/div><\/div>","protected":false},"excerpt":{"rendered":"

A Brick Township shopping center has been acquired by a new ownership group and will be rejuvenated with improvements and new tenants, the company said. The Shops at Brick, which is currently anchored by Bonefish Grill and McDonald\u2019s as its anchor tenants, has now come under the ownership of TFE Properties. The owner already has […]<\/p>\n","protected":false},"author":1,"featured_media":25058,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1649],"tags":[24,4484,4776,2432],"class_list":["post-25057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-business","tag-brick-nj-news","tag-featured","tag-the-shops-at-brick","tag-van-zile-road"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/shorebeat.com\/brick\/wp-content\/uploads\/2025\/03\/tsab1.jpg","jetpack_shortlink":"https:\/\/wp.me\/pgt2Ft-6w9","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/25057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/comments?post=25057"}],"version-history":[{"count":0,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/25057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/media\/25058"}],"wp:attachment":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/media?parent=25057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/categories?post=25057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/tags?post=25057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}