REIT sells West Long Branch retail center for $63 million, Marcus & Millichap says

A real estate investment trust has sold a nearly 300,000-square-foot power center in West Long Branch for $63 million, brokers with Marcus & Millichap announced Wednesday.

Assisted living facility fetches $18.25 million, Marcus & Millichap says

An assisted living facility in Monmouth County has changed hands for $18.25 million, following a sale orchestrated by a division of Marcus & Millichap.