Jason S. Klein

Recent Success Stories

Jennifer Krimko Secures Planning Board Approval of Client’s Plan for Monmouth Mall Redevelopment

On December 4, 2023, the Eatontown Planning Board granted preliminary and final site plan approval to Krimko’s client, Eatontown Monmouth Mall, LLC (Kushner Companies), paving the way for the redevelopment of the existing 1.5 million square foot Monmouth Mall in Eatontown. The proposed development, to be known as Monmouth Square, will consist of approximately one million square feet of commercial space along with 1,000 luxury apartments with a clubhouse and amenities for the residents, public open space, and related site improvements. Monmouth Square will be a pedestrian-friendly, true town center environment where people can live, dine, and shop all on one property.  

Jason Klein Closes Financing and Acquisition of Over 75 Global Quick Service Restaurant Stores

In December, Ansell Grimm & Aaron’s Jason Klein consummated two major asset transactions on behalf of two separate purchasers of over 75 quick-serve restaurants. The purchasers are franchisees of a global quick-service restaurant behemoth.

 In one transaction involving the acquisition of over 50 stores and three separate parcels of real estate, Klein spearheaded the negotiation of the purchase and sale agreements for both the assets and real property, the acquisition of the assets and the properties, and the loan transactions. In the other transaction, Klein’s efforts and direction resulted in his client’s successful acquisition of over 20 stores and the acquisition of one parcel of real property.

ANSELL GRIMM & AARON NEWSLETTER NOVEMBER 2021

Jennifer Krimko Secures Variance for New Tesla Gallery and Service Facility

Jennifer Krimko, a Shareholder and Co-Chair of the Firm’s Land Use and Zoning Department, recently represented the property owners for the upcoming Tesla automobile gallery and factory-authorized service facility in Eatontown. The project required approval by the Eatontown Zoning Board of Adjustment because car sales are not permitted in the borough’s zoning rules. In addition to the selling and servicing of electric vehicles, the store will provide a free-standing charging station open to the public along the Route 35 corridor.

 

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Largest Franchise to Franchise Purchase in Domino’s History

Jason S. Klein, Esq., a partner with the firm, represented Pizza Properties of Indianapolis, Inc., and its principal, Robert Taylor, III, in connection with the sale of 45 Domino’s stores throughout Indiana to RPM Pizza LLC, the largest U.S. Domino’s franchisee.  For Pizza Properties, headquartered in West Chester, Pennsylvania, the sale of the 45 stores in Indiana was reported to be the largest franchise-to-franchise purchase in Domino’s history. The sale included nearly 40 stores in the Indianapolis metro area, and stores serving South Bend and Lafayette. Pizza Properties continues to own and operate approximately 15Domino’s stores located throughout Pennsylvania, Maryland and Delaware.