780 Livingston Ave. in North Brunswick — Courtesy: Marcus & Millichap

By Joshua Burd

A freestanding retail building in North Brunswick has changed hands among private investors, in a nearly $1.2 million sale brokered by Marcus & Millichap.

Known as the Prinzivalli Building, the property spans 5,760 square feet and is located at 780 Livingston Ave. Marcus & Millichap said the deal drew more than 10 offers and ultimately closed with an all-cash buyer that paid $1.175 million.

Michael Lombardi, Alexander Pildes and Steven Schiavello, investment specialists in Marcus & Millichap’s New Jersey office, had the exclusive listing to market the property on behalf of the seller. Lombardi and Pildes also secured and represented the buyer.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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