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Kislak inks sale of mixed-use buildings in Asbury Park, Long Branch for $3.6 million

Kislak inks sale of mixed-use buildings in Asbury Park, Long Branch for $3.6 million

by Joshua Burd | Jan 26, 2023

700 Main St. in Asbury Park and 593 Broadway in Long Branch — Courtesy: The Kislak Co. Inc. By Joshua Burd Two mixed-use buildings in Monmouth County have changed hands for a combined $3.6 million, in a set of newly announced deals by The Kislak Co. Inc. According to...
Deluccia: Solar products firm takes 8,300 sq. ft. in downtown Somerville

Deluccia: Solar products firm takes 8,300 sq. ft. in downtown Somerville

by Joshua Burd | Jan 26, 2023

Somerville Commons at 46 East Main St. in Somerville — Courtesy: Deluccia Commercial Group By Joshua Burd A commercial solar products company has leased 8,300 square feet of office space in downtown Somerville, in a deal arranged by Deluccia Commercial Group. The...
Mitsubishi Chemical unit signs 40,000 sq. ft. renewal at Route 202 office, production facility

Mitsubishi Chemical unit signs 40,000 sq. ft. renewal at Route 202 office, production facility

by Joshua Burd | Jan 24, 2023

600 Ryerson Road in Lincoln Park — Courtesy: CBRE By Joshua Burd A division of Mitsubishi Chemical America has renewed its lease at a 40,000-square-foot office and manufacturing facility in Morris County, brokers with CBRE said Tuesday. Founded in 1985, Hishi Plastics...
BRC: Investor completes 1031 exchange after $37 million industrial sale in Bridgewater

BRC: Investor completes 1031 exchange after $37 million industrial sale in Bridgewater

by Joshua Burd | Jan 24, 2023

3565 Martin Luther King Jr. Blvd. in New Bern, North Carolina — Courtesy: Bussel Realty Corp. By Joshua Burd A firm that recently sold a five-building industrial complex in Bridgewater has acquired a retail center in the Southeast as part of a Section 1031 like-kind...
Marcus arranges $13.3 million acquisition loan for Sussex retail center

Marcus arranges $13.3 million acquisition loan for Sussex retail center

by Joshua Burd | Jan 23, 2023

Vernon Valley Plaza at 530 Route 515 in Vernon Township — Courtesy: Marcus & Millichap Capital Corporation By Joshua Burd An investor has secured a $13.3 million acquisition loan for a grocery-anchored shopping center in Sussex County, in a deal arranged by Marcus...
Owner of 24-unit North Bergen apartment, retail building sells after 25 years, Redwood says

Owner of 24-unit North Bergen apartment, retail building sells after 25 years, Redwood says

by Joshua Burd | Jan 23, 2023

625 Kennedy Blvd. in North Bergen — Courtesy: Redwood Realty By Joshua Burd The longtime owner of a 24-unit apartment and retail building in North Bergen has sold the property for $2.5 million, according to a broker with Redwood Realty. In a closing announcement, the...
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