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Well-Leased Retail Center Trades Along U.S. 22 in NJ

Summary by Connect CRE
Cushman & Wakefield arranged the $20.1-million sale of Springfield Plaza, a 97% leased, approximately 72,120-square-foot retail center located at 271-275 U.S. Rte. 22 in Springfield, NJ. The transaction marks the property’s first sale in 40 years. Cushman & Wakefield’s Andrew Schwartz, Jordan Sobel, André Balthazard and Dan Bottiglieri represented both the seller and procured the ...
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Connect CRE broke the news on Tuesday, October 13, 2026.
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