PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • January 29th, 2021 • First Real Estate Investment Trust of New Jersey • Real estate investment trusts
THIS PROPERTY MANAGEMENT AGREEMENT, made as of the 28th day of February, 2020 (the “Effective Date”), between PIERRE TOWERS LLC, a New Jersey limited liability company, and S AND A COMMERCIAL ASSOCIATES LIMITED PARTNERSHIP, a Delaware limited partnership, as tenants in common (collectively, the “OWNER”), having its principal office c/o First Real Estate Investment Trust of New Jersey, 505 Main Street, Hackensack, New Jersey 07601, and HEKEMIAN & CO., INC., a New Jersey corporation (the “PROPERTY MANAGER”), having its principal office at 5050 Main Street, Hackensack, New Jersey 07601.
