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Stavola Companies
Executive Offices Phone (732) 542-2328
Fax (732) 542-7519 E-mail Us |
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The Real Estate Division (Stavola Realty Company) was created in
1955 with the purchase of its first property, a parcel of raw
land located on the ocean in Sea Bright, New Jersey. The property,
which is still owned by the company, was developed into
and is currently operated as a beach club resort with catering
facilities.
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During the following decades, the Real Estate Division expanded
through the acquisition and development of commercial and
residential properties. The Real Estate Division currently owns and
manages shopping centers, office buildings, free-standing retail
properties, gas stations, warehouse properties, restaurants,
downtown retail properties and residential properties. Notable new
developments completed in 2005 include the redevelopment of the
Ocean Plaza Shopping Center in Ocean Township, New Jersey, the
Chapel Hill Shopping Center in Middletown, New Jersey and the
Adelphia Plaza Shopping Center in Freehold, New Jersey. New major
retail tenants at these properties include Wegman's Market, Acme
Market, Whole Foods Market, Staples, Stein Mart, Pier 1, Verizon
Wireless and PNC Bank. With the addition of these redeveloped
properties to its existing retail portfolio, Stavola Realty Company
is being recognized as a leading owner, developer and manager of
shopping centers in Monmouth County. |
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During the next several years, the company will be expanding its
portfolio through acquisitions of existing income producing
properties and the development of company-owned land in Monmouth,
Ocean, Middlesex and Somerset counties.
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Copyright ©2007 Stavola Comapnies. All rights reserved.
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