The longtime owner of two Newark apartment buildings has sold them for $4.8 million, in a 68-unit trade brokered by Cushman & Wakefield’s Metropolitan Area Capital Markets Group.
Residential & Mixed Use
The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.
The next step for Bell Works: With office space nearly full, retail takes center stage at landmark project
With at least 6,000 daily office workers set to occupy the building by next year, the effort to bring a distinctive mix of retailers, services and dining options to Bell Works is now well underway. That mix includes everything from a florist and a beauty salon to a 24-hour health club and an urgent care center, offerings that will serve both office tenants at the building and residents from the surrounding communities.
