2B — January 13 - 26, 2017 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N ew J ersey Sgambati, Cafiero &Mariani listed 7,800 s/f office prop. Marcus &Millichap arranges NJsales totaling$3.15million
SEBCO The Finest In Metered Laundries Laundry Systems
LIZABETH, NJ — Marcus & Millichap , announced the sale of a 7,800 s/f office property located in Elizabeth. Ben Sgambat i , Al an Cafiero and Steve Mariani , investment specialists in Mar- cus & Millichap's NJ office, had the listing to market the property on behalf of the seller. The team also secured and represented the buyer. In a second transaction, Mar- cus &Millichap announced the sale of a 13,500 s/f mixed-use property located in Orange, for $1.575 million, according to Hosey. E
1-800-SEBCO-88 (1-800-732-2688)
http: www.SEBCOLaundry.com e-mail stevebreitman@sebcolaundry.com
7,800 s/f office property located in Elizabeth
Michael Lombardi and Chip Collins , investment specialists in Marcus & Milli- chap’s NJ office, facilitated the transaction. Lombardi had the listing to market the property on behalf of the seller. The subject property is lo- cated at 256 Reock St. This two-building mixed-use of- fering consists of seven resi- dential and two commercial spaces. The residential units are spacious townhouse style apartments. Collins repre- sented the out of state buyers who recognized the quality product and the opportunity the offering presented. “They saw the influx of investment capital coming into this tran- sit-oriented neighborhood of Orange, NJ”, Collins said. n Cushman & Wakefield adds two associates to team EASTRUTHERFORD, NJ — Cushman & Wakefield has added two new associates to its brokerage services team in East Rutherford. Adam Coopersmith and Dylan Tusinac , both are recent col- lege graduates. Coopersmith is working with an office brokerage team headed by Marc Trevisan and David Sherman . The group specializes in tenant representation, national ac- count management and agen- cy management assignments. Tusinac, who is working with Josh Cohen , is focused primarily on tenant represen- tation, designing and imple- menting corporate real estate strategies for companies of all sizes. He also is involved in select agency leasing as- signments. As a former ocean rescue squad team member in Lavallette. n
Recent Investment Sales
Montvale, NJ 60,000 SF Office $12,500,000
East Orange, NJ 220-Unit Portfolio $19,600,000
South Orange, NJ 57 Luxury Units + 2 Retail $32,775,000
Green Brook, NJ 62,666 SF Retail $11,250,000
Elizabeth, NJ 24 Units $5,925,000
Bayonne, NJ 20 Units $5,825,000
Investment Sales Commercial Sales and Leasing
www.kislakrealty.com 732 750 3000
The Kislak Company, Inc.
Made with FlippingBook - Online catalogs