An investor has acquired a 60,000-square-foot office building in West Orange, following a nearly $9 million transaction arranged by Marcus & Millichap.
New Jersey’s commercial real estate market was as dynamic as ever in 2017, thanks in large part to the health of the industrial and multifamily sectors. But we also saw developers and investors adapt to critical changes and challenges in the retail and office sectors.
A private investor has reaped nearly $6 million from the sale of a 47,750-square-foot retail property in Mount Olive, under a transaction brokered by Marcus & Millichap.
An owner and developer of low-income housing has acquired nearly 400 existing units in Camden, in a nearly $34.5 million deal arranged by Marcus & Millichap.
A developer has sold an 8,060-square-foot retail building in Pleasantville that is net-leased to a national dollar store chain, according to brokers with Marcus & Millichap.
