Investor appetite for northern New Jersey’s multifamily sector showed few signs of slowing down in 2018, causing buyers to explore new frontiers in the market, move more aggressively and expand into other asset classes. That’s according to brokers with Marcus & Millichap, who say that out-of-market buyers from New York City and elsewhere have begun to pivot in recent months in order to find new deals.
Net-leased bank property in Bordentown fetches $1.7 million
A private investor has sold a 2,760-square-foot, net-leased bank property in Bordentown, in a nearly $1.7 million deal arranged by Marcus & Millichap.
Marcus inks $2 million sale of Wyckoff strip center
A private investor has sold a nearly 10,300-square-foot strip center in Wyckoff for $2 million, brokers with Marcus & Millichap announced Tuesday.
Marcus: Somerville retail, medical building trades for $3.8 million
A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.
Camden County retail site trades for $5 million, Marcus says
A private investor has acquired a two-tenant retail pad site in Sicklerville, in a $5 million transaction arranged by Marcus & Millichap.
Net-leased Dunkin’ Donuts on Route 22 fetches $1.6 million
An investor has acquired a 1,800-square-foot Dunkin’ Donuts property in North Plainfield, in a $1.6 million sale arranged by Marcus & Millichap.
Marcus: Newly built, mixed-use building in Paterson trades for $6.7 million
A developer has sold a newly built apartment and retail property in Paterson, in a $6.7 million transaction arranged by Marcus & Millichap.
Where have commercial real estate investors and lenders found unexpected (or lesser-known) opportunities in 2018?
Where have commercial real estate investors and lenders found unexpected (or lesser-known) opportunities in 2018? We assembled a panel of industry experts to tackle our recent roundtable question.
MDC, Bukiet sell Clark office building for $10.5 million
A joint venture has sold an office building in Clark after three years of ownership, fetching more than $10.5 million for the recently upgraded, 76,000-square-foot property.
Sayreville apartment building sells for $1.7 million, Marcus says
A private investor has a sold a nine-unit apartment building in Sayreville for nearly $1.2 million, in a transaction brokered by Marcus & Millichap.
