Marcus & Millichap adds Gorczycki to New Jersey capital markets team

Marcus & Millichap has bolstered its capital markets platform in New Jersey with the hiring of veteran broker Dan Gorczycki.

Marcus & Millichap

At Marcus & Millichap, we represent a diverse range of clients in the commercial real estate industry. Our clientele includes individual and institutional investors, developers and property owners both nationally and internationally.

Marcus: Investment group sells 21,000 sq. ft. Somerville retail center for $3.5 million

An investment firm has sold a nearly 21,000-square-foot retail property in Somerville for more than $3.5 million, brokers with Marcus & Millichap announced Tuesday.

Marcus inks sale of 15,000 sq. ft. Wood-Ridge warehouse for $3.7 million

The longtime owner of a 15,000-square-foot warehouse in Wood-Ridge has sold the property for $3.7 million, brokers with Marcus & Millichap announced Tuesday.

Marcus: Site of shuttered diner in Lyndhurst sells for $2.9 million

The site of the shuttered Lyndhurst Diner at the western edge of the township has traded for $2.9 million, in a transaction arranged by Marcus & Millichap.

KPR Centers sells grocery-anchored complex in Camden County, Marcus says

Investment firm KPR Centers has sold a nearly 103,000-square-foot, grocery-anchored shopping center in Gloucester Township, in a deal arranged by Marcus & Millichap.

Reynolds acquires 500 units in Louisiana in deals with multiple partners

Reynolds Asset Management has added to its portfolio outside New Jersey with two deals in Louisiana, where it acquired a combined 500 apartments in and around Shreveport.

New 45-unit rental building in Journal Square trades for $18 million, Marcus says

A developer has acquired a newly built, 45-unit apartment building in Jersey City’s Journal Square section for $17.7 million, in a deal arranged by Marcus & Millichap.

Two-building, 22-unit apartment portfolio in Paterson fetches $2.9 million, Marcus says

A private investor has purchased a 22-unit apartment portfolio in Paterson for nearly $3 million, in a transaction arranged by Marcus & Millichap.

Marcus: New construction poised to flood North Jersey rental market, but vacancy to remain tight

A surge of new supply is coming to northern New Jersey’s apartment market, with some 12,000 units slated to be delivered this year in a region with one of the country’s lowest vacancy rates.