An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.
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.
IOREBA panel tackles changes and challenges in N.J. commercial real estate
No matter the asset class, commercial real estate in New Jersey is changing in a big way.
That was the message of industry leaders earlier this week as some 350 owners, brokers and other professionals gathered for the annual Developer’s Night hosted by IOREBA, or the Industrial and Office Real Estate Brokers Association.
All business: A decade later, Woodbridge mayor still has economic development at the top of his agenda
Since taking office in late 2006, Woodbridge Mayor John McCormac has emerged as one of the most development-friendly and pro-business mayors in all of New Jersey. He and his economic development team can boast a record that includes two new power plants, millions of square feet of warehouse space and dozens of new retailers, banks and eateries that have opened during that time.
