A private investor has purchased a 100-unit apartment complex in downtown Dover for nearly $16 million, in a newly announced transaction by Gebroe-Hammer Associates.
W.P. Properties has leased 40,000 square feet in Morris County to a local e-commerce distributor, in the largest of several transactions at an industrial complex near Route 46.
Newmark Associates has brokered the $6.6 million sale of a 10,000-square-foot industrial complex at the junction of routes 3 and 21 in Clifton, the firm said Monday.
Construction is underway at the site of a planned 214-unit apartment complex in downtown Dover, where a developer is seeking to capitalize on a busy downtown and nearby mass transit.