A portfolio of five self-storage buildings in northern New Jersey has changed hands for what brokers say is a nearly nine-figure price, in a deal arranged by Marcus & Millichap.
A private investor has purchased a nearly 26,000-square-foot shopping center in Sayreville for some $7.2 million, in a newly announced deal by Marcus & Millichap.
An investor has acquired a nearly 18,000-square-foot mixed-use building in downtown Somerville for $4.2 million, in a newly announced deal by Marcus & Millichap.
Sustained demand will likely stave off a major spike in apartment vacancy in northern New Jersey, Marcus & Millichap said in a new report, despite what’s slated to be the largest infusion of new supply in decades with more than 15,000 units coming online this year.
Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.
