By Joshua Burd
The site of a vacant 2,500-square-foot retail property in Newark has changed hands for $625,000, in a newly announced deal by The Quinas Cos. Inc.
In a LinkedIn post on Thursday, the brokerage team said an owner-user purchased and intends to revitalize the property at 180-182 Clinton Ave. The long-vacant building sits on a 7,000-square-foot lot, Quinas said, noting that it closed at 96.15 percent of the original list price.
The firm’s Ryan Cerqueria announced the transaction.