2B — October 2023 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
FULL SERVICE COMMERCIAL REAL ESTATE ADVISORY & PROPERTY MANAGEMENT FIRM
N ew J ersey
Baxter handles sale of 66 units in three buildings Kislak sells Hudson County multifamily portfolio for $11.1M
H
UDSON, NJ — The Kislak Company, Inc. announced the sale
of a three- b u i l d i n g multifamily portfolio in Hudson Cty., for a total of $11.1 million. The sales in- cluded the following.
Landlord Representation Tenant Representation
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Baxter said, “Despite ris- ing interest rates, demand for multifamily properties in Hudson County remains very strong especially for proper- ties with upside potential. The Jersey City building is prime for renovation and rental growth. The Union City and West New York buildings are on a main thoroughfare in Hudson County, and the Union City building was par- ticularly attractive given its 40-plus unit size. The West New York building was built in 2010 and also includes be - low market rents.” Baxter added, “As with all of our recent sales, financ- ing was key. Today’s market requires a collaborative team effort. The mortgage broker Elliot Treitel of Meridian Capital, our mutual clients, the purchasers, the attorneys
and the referral broker Danny Handweiler worked tirelessly to close these sales.” MAREJ
For more information, visit WolfCRE.com or call 856-857-6300. Building Successful Relationships TM
Don Baxter
• 1300 – 1306 Palisade Ave., Union City with 44 units for $6.15 million; • 6112 – 6114 Palisade Ave., West New York with 16 units for $3.85 million; and • 128 St. Pauls Ave., Jersey City with six units for $1.1 million. Kislak marketed the proper- ties on an exclusive basis with senior vice president Don Baxter handling the assign- ment on behalf of the sellers per a referral from Danny Handweiler , a senior man- aging director with Raven Property Advisors . Baxter also procured the purchasers – one for the Union City and West New York properties and another for the Jersey City property. The parties were not disclosed.
Marlton, NJ l Philadelphia, PA
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STATEMENT OF OWNERSHIP MANAGEMENT & CIRCULATION (required by 39 U.S.C.3526) Title of Publication: Mid Atlantic Real Estate Journal. 2. Publication No. 22-358. 3. Date of Filing: 10/20/2023. 4. Frequency of Issue: Monthly. 5. No. of Issues Published Annually: 12. 6. Annual Subscription Price: $99.00. 7. Complete mailing address of known office of publication: 117 HMS Halsted Dr. Hingham, MA 02043. 8. Complete mailing address of the headquarters of general business offices of the publisher: Same as above. 9. Full names and complete mailing addresses of publisher, editor and managing editor: Publisher, Linda M. Christman, 117 HMS Halsted Dr, Hingham, MA 02043. Editor: Karen Joy Vachon, 2A Marc Drive, Plymouth, MA. 10. Owner (if the publication is owned by a corporation, give the name and address of the corpora - tion immediately followed by the names and addresses of all stockholders owning or holding 1 percent or more of total amount of stock. If not owned by a corporation, give the names and addresses of the individual owners. If owned by a partnership or other unincorporated firm, give its name and address as well as those of each individual owner. If the publication is published by a nonprofit organization, give its name and address). Linda M. Christman, 117 HMS Halsted Dr, Hingham, MA 02043; 11. Known bondholders, mortgagees and other security holders owning or holding 1 percent or more of total amount of bonds, mortgages or other securities. None. 13. Publication title: Mid Atlantic Real Estate Journal. 14. Issue date for circulation data below: 10/20/2023. 15. Extent and nature of circulation. A. Total no. copies (net press run) 2684.50, 2534.00. B. Paid and/or requested circulation. 1. Paid/requested outside-county mail subscriptions; 2684.50, 2534.00. 2. Paid in-county subscriptions: 0, 0. 3. Sales through dealers and carriers, street vendors, counter sale, and other non-USPS paid distribution: 0, 0. 4. Other classes mailed through the USPS: 0, 0. C. Total paid and/or requested circulation: 2684.50, 2534. D. Free distribution by mail: 0, 0. 1. Outside-county: 0, 0. 2. In-county: 0, 0. 3. Other classes mailed through the USPS: 1082, 1032. E. Free distribution outside the mail: 0, 0. F. Total free distribu - tion: 1082, 1032. G. Total distribution: 3766.50, 3566. H. Copies not distributed: 120, 10. I. Total: 4848.50, 4598. J. Percent paid and/or requested circulation 71.2%, 71%. 16. Publication of Statement of Ownership: 10/20/23. 17. Signature and title of editor, publisher, business manager or owner: Linda M. Christman, Publisher/CEO.
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