AT A GLANCE
100 Woodbridge Center Drive
Woodbridge, NJ 07095
OUR EXPERTISE
Investment sales with a focus on multifamily sales and commercial sales and leasing.
President
Managing Director
Executive Vice President
OUR CLIENTS
High net worth individuals, multigenerational real estate owners, public and private companies and institutional investors.
TRANSACTION SPOTLIGHT
Earlier this year, Kislak completed the sale of The Parc at Summit, a 57-unit garden apartment complex at 26 Locust Drive in Summit, Union County, New Jersey, for $22.15 million. Kislak marketed the property on an exclusive basis with President Robert Holland and Managing Director Jeff Squires handling the assignment on behalf of the seller. Executive Vice President Joni Sweetwood procured the purchaser.
Mr. Holland and Kislak also arranged the prior sale of the property to the seller.
The sale is the largest multifamily sale in terms of price and price per unit in Union County, New Jersey, since 2022 and the largest multifamily sale in Summit in at least 10 years, according to data available from CoStar.
Located in the heart of Summit, the trophy property sits less than a half-mile from Summit’s vibrant and walkable downtown, which is listed on the National Register of Historic Places. The city’s downtown is one of the most desirable in the tristate area with a mix of local businesses, award-winning restaurants, shops and boutiques.
ONE MORE THING
Kislak’s multifamily team is the best in the market. Kislak was founded in New Jersey in 1906, and we are a leader in the sale of multifamily and other investment and commercial properties. We list and sell multifamily, retail, office and industrial properties as well as land for development on an exclusive basis on behalf of owners. Our clients include high net worth individuals, multigenerational real estate owners, public and private companies and institutional investors. Our extensive database of local, regional and national clients and prospects allows us access to a wide variety of investors including some involved in IRC Section 1031 like-kind exchanges. As a result, we produce for our clients the highest and best prices for their properties.
We provide comprehensive market coverage throughout New Jersey, southern New York, eastern Pennsylvania, Delaware and South Florida. Within these markets during the last 10 years alone, we closed more than 1,800 transactions valued at over $6.5 billion.
