Real Estate Journal — New Jersey — September 14 - 27, 2018 — 3B
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M id A tlantic
N ew J ersey
AMESBURG, NJ — The Kislak Company, Inc. announced the recent $5.2 m i l l i o n VP Daniel Lanni arranges off-market sale of 44 units in Middlesex County Kislak sells Colletti Terrace Apartments in Jamesburg for $5.2 million J and feature amenities such as onsite parking and laundry facilities.
rents to market with future renovations of kitchens and bathrooms also planned.” Financing was provided by ConnectOne Bank . At the time of closing, the property was 100% occupied. Lanni joined Kislak in 2010 and specializes in the sale of multifamily and other invest- ment properties in central and northern New Jersey. He was the recipient of the firm’s 2011 Rookie of the Year Award and was promoted to a vice president in 2014. Lanni is consistently among Kislak’s leading salespeople.
Located less than a mile from the New Jersey Turnpike at Exit 8A, Colletti Terrace is conveniently located only two miles from Thompson Park -- 675 acres of the largest developed park in Middlesex County. Rutgers University in New Brunswick is nearby and Jersey Shore points and New York City are just an hour’s drive away. Lanni commented further: “The buyers plan on upgrad- ing the units and bringing the
sale of Colletti Terrace Apart- ments, a 44- unit multifam- i ly proper ty located at 192 Docks Corner Rd. in James- burg, Monroe Township. Vice president Daniel Lan- ni arranged the off-market sale and represented both parties. The seller was Colletti Terrace, LLC, which owned the property since 2007, and the purchaser was a private investor. Lanni commented: “The owners knew I had just sold 68 units in Jamesburg for a record price and gave me the opportunity to bring them an aggressive offer for Colletti Terrace. We quickly negoti- ated favorable terms and went to contract with a respected client.” Built in 1963, the two-story brick buildings feature stu- dios, and one and two-bedroom units with balconies. Sur- rounded by thick woods, the apartments are situated in a quiet area within a five minute walk from the center of town Vantage Real Estate Services welcomes Giletto to sales team MARLTON, NJ — Vantage RES , a local full-service com- mercial real estate brokerage quartered in Marlton, NJ, will add Giletto to its business devel- opment force. “Corinne’s vision for her future in the industry was to join a diverse team with a clear vision and devotion to their clients. She has a great appreciation for the team we have in place and the manner in which we do business,” said founder and managing partner Leor Hemo . “She will be a great asset to our clients and our team as we continue through this next phase of growth.” Corinne Giletto Daniel Lanni and advisory firm, is elated to announce that Corinne Giletto will join the Van- tage RES sales team, effective immediately. V a n t a g e RES, head-
Colletti Terrace Apartments
Investment Sales | Commercial Sales and Leasing
FOR SALE Hoboken, NJ
FOR SALE Cherry Hill, NJ Land Approved for 169 Luxury Units plus Clubhouse with Employee Unit Joni Sweetwood ext 273 FOR SALE Long Branch, NJ
302-Unit Portfolio Don Baxter ext 265
Rendering
FOR SALE Allentown, PA
64 Residential Units Robert Holland ext 285
45,683 SF Office Barry Waisbrod ext 272
FOR SALE South Brunswick, NJ
FOR SALE Marlton, NJ
2.27± Corner Lot Matt Weilheimer ext 253
33,270 SF Office Barry Waisbrod ext 272
The Kislak Company, Inc. | www.kislakrealty.com | 732 750 3000
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