2C — January 30 - February 12, 2015 — Shopping Centers — M id A tlantic
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Radwan and Zamora represent both parties Marcus & Millichap inks sale of 15,225 s/f for $1.75m
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private investor. Radwan and Zamora also represented the purchaser, a private investor. "The purchaser leveraged recent gains in an overheated securities market and re- deployed his capital into a less volatile asset class," said Radwan. “This is the third transaction we have closed for this client in 2014. In each case we were able to secure above average yields in quality markets." “We’re seeing investors 528-532 Bound Brook Rd.
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seeking product in secondary and tertiary markets, as the competitive demand in pri- mary markets remains high” said Zamora. The asset is located at 528-532 Bound Brook Rd. in Dunellen. It is a portfolio of three contiguous build- ings comprised of 2 two-story, brick, mixed-use buildings and a frame 2 family rental prop- erty. The offering has a total of 17 apartment units and two retail spaces. n
UNELLEN, NJ — Marcus & Millichap announced the sale
of a 15,225 s/f, mixed-use property located in Dunellen, according to Brian Hosey , regional manager of the firm’s New Jersey office. The asset sold for $1.75 million. Maz Radwan , senior asso- ciate and Jonathan Zamora , an associate in Marcus & Mil- lichap’s New Jersey office, had the listing to market the prop- erty on behalf of the seller, a
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