A half-century in commercial real estate has made Bonanni Realtors the area’s expert since 1956.
Dave Bonanni is the present owner and operator of Bonanni Realtors. With more than 50 years in the business, his experience precedes him. He prides himself on strong communication skills, which has contributed to the success and longevity of Bonanni Realtors.
Bonanni has been aggressively serving central and southern New Jersey, including Mercer, Ocean, Burlington, Hunterdon, Monmouth, Atlantic, Middlesex and Cape May counties, and a few years ago expanded into Pennsylvania’s Bucks, Montgomery, and Philadelphia counties. This has given the firm’s associates a deep knowledge of the local marketplace.
“We are now seeing increasing sales and leasing activity in our market area,” Bonanni said. In recent weeks, the vacant, former Patterson Chevrolet on State Highway 33, pictured, has been sold to a new owner. The details of the redevelopment plan have not been released yet, but there has been considerable speculation that a retail plan for the site could incorporate the neighboring property that once housed Hamilton Chrysler.
The Bonanni commercial real estate philosophy is about making connections – bringing together individuals and businesses to find the right opportunities in real estate. Bonanni associates become trusted advisors, assisting clients in all aspects of commercial real estate transaction. “We pride ourselves in always returning phone calls to our clients and other interested parties.
“Our clients truly see us as experts who can help them with a variety of issues and needs,” he added. “We strive to bring a solution to the table every time. Often we call on other trusted experts to assist, such as banking relations and building designers.”
“Some clients come to us for a fair market value opinion,” Bonanni noted. “Some buy with the intent to sell in a few years, some for a long-term investment. We listen to their future plans and needs to achieve their goals and exceed their expectations.”
Bonanni Realtors sees the current market as an opportunity. Purchase prices have adjusted to favor the buyer and finance rates are certainly more than favorable. Attractive pricing on investment properties is still available. Bonanni says they are successfully structuring transactions on favorable terms, and even creating positive cash flow from day one for most clients.
“There’s a lot of talk and predictions about commercial real estate out there,” he said.
The bottom line: “We have been here before. The market is cyclical and it will cycle up again. Our job is to assist in both good times and difficult times — we excel at that.”
To speak to a Bonanni associate, contact the office at 609-586-4300. More information is also available online at www.bonannirealtors.com.