24C — March 28 - April 10, 2014 — The Best of 2013 — M ID A TLANTIC Real Estate Journal
www.marejournal.com
The LARGEST MULTIFAMILY of 2013 HFF 800 MADISON — 217 UNITS — Cushman & Wakefield NJ 1100 Jefferson & 1330 Grand — 127 UNITS —
City, State – Hoboken, NJ Size (square footage/acreage) - 217 Units Broker(s): Jose Cruz and Kevin O’Hearn HFF closed the sale of 800 Madison, a 217- unit, Class A multi-housing community with ground floor retail in Hoboken, New Jersey, on behalf of the seller. The DSF Group pur- chased the asset free and clear of existing debt. Spanning an entire city block between
City, State: Hoboken, NJ Size (square footage/acreage): 127 Units
Broker(s): Andrew Merin, Vice Chairman; David Ber- nhaut, Vice Chairman; Gary Gabriel, Executive Vice President; Brian Whitmer, Senior Director Commercial real estate services firm Cushman & Wakefield has completed the sale of three luxury multi-family communities in Hoboken, New Jersey – 1316-1326 Grand Street, 1101 Madison Street and
Madison and Monroe Streets, and 8th and 9th Streets, the property has a prime location in the growing northwest section of Hoboken. The property also benefits from its location one block from the Hudson-Bergen light rail stop and adjacent to a large grocery store. Complet- ed in 2008 with condominium level finishes, the property is 99 percent leased and includes one-, two- and three-bedroom floor plans ranging from 691 to 1,815 s/f.
1100-1106 Jefferson Street – on behalf of the seller, URSADevelopment Group. The prop- erties combined total 127 units. The buyer for all three properties was LaSalle Investment Management.
GEBROE-HAMMER CARLTON APTS — 288 UNITS —
The Kislak Company Levittown Trace Apts. — 617 Units —
Levittown Trace Apartment, Bristol, PA 617 units/21.46 acres Brokers: Jeffrey Wiener and Robert Holland Levittown Trace Apartment Homes is a 617- unit garden apartment complex located in Bristol in lower Bucks County, Pennsylvania. It includes a combination of one bedroom apartments and two
Ewing, N.J. Broker(s): Joseph Brecher
Located in the heart of Mercer County, near area colleges and the Tren- ton/Princeton/suburban Philadelphia employment hubs, the well-main- tained, amenity-filled garden apartment community garnered just under a $100,000 per unit price. Brecher represented the seller and identified the buyer, whose plans included a capital improvement project to bring
bedroom apartments in 12 all brick buildings with semi-private entrances. this was the second time Kislak sold this property. The sale marked our 60th transaction with the seller of Levittown Trace Apartment.
the units up to current market rates. Comprised of 144 one- and 144 two-bedroom units, Carlton Apartments also features a private swim club/recreation area, spacious floor plans, 9 laundry rooms, on-site parking and basement storage.
CELEBRATING OUR 108 TH YEAR
Investment Real Estate Brokerage
Congratulations to Jeffrey Wiener and Joni Sweetwood for their 2013 sales accomplishments and placement among the Top 20 Brokers for Sales.
multifamily. retail. office.
www.kislakrealty.com 732 750 3000
The Kislak Company, Inc.
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