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M&M arranges $3.5M multi-asset retail sale at Rowan University
Whitney Center is located at the base of a five-story student housing complex along Rowan Boulevard in Glassboro.
Central Jersey Vitamin Shoppe location sells for $3.5M
The location is one of the most sought-after when it comes to retail in New Jersey, offering frontage on both the east- and westbound lanes along Route 22.
Net-leased Wawa fetches $6.5M in Ocean County
Marcus & Millichap has closed three sales for the convenience store's locations over the same number of months.
StorageBlue sells 5-property self-storage portfolio
Marcus & Millichap arranged the nearly nine-figure deal for sites in Hoboken, Jersey City, Union City, Newark and Garfield.
Wawa’s 1,000th store sells for $6.25M in Camden County
“With a focus on streamlining our client’s portfolio, we strategically shifted their investment from a management-intensive asset to a more passive investment, aligning with their goal for long-term stability and growth,” explained Scott Woodard, part of the Marcus & Millichap team that arranged the deal.
Sayreville retail strip with QuickChek sells for $7M
"Unanchored retails trip centers are one of the most underrated product types in the market," commented Marcus & Millichap Senior Managing Director of Investments Alan Cafiero. "The combination of restaurants and service-oriented businesses, which are typically the backbone of the community, almost always fare very well in northern New Jersey."
Shoppes at Flemington retail center sells for $6.25M
"Well-located, multi-tenant shopping centers in northern New Jersey are one of the most sought-after product types in the market," commented Marcus & Millichap Senior Managing Director of Investments Alan Cafiero.
Marcus & Millichap arranges self-storage sale in Phillipsburg
According to lead agent on the deal, Luke Dawley, "This sale is another testament to the strength of the storage market across New Jersey today."
Union City multifamily sold for $2M
According to Marcus & Millichap First Vice President Jonathan Zamora, the municipality "remains a sound investment, being in one of the densest cities of the country with a very tight rental market."
Apple Montessori property sells for $3.57M in Somerset County
The newly renovated day care opened its doors in November. According to Marcus & Millichap's Alan Cafiero, "Long-term triple net leases are still in great demand from the investment community given the durability of the income and ease of management."
NJ CRE firms make executive leadership moves
Woodmont Properties is expanding its presence in the South, while Marcus & Millichap has added new capitals markets leadership and Lee & Associates New Jersey tagged a team from Newmark.
Woodbridge QuickChek sells for $11M
Marcus & Millichap arranged the sale of the 4,543-square-foot, net-leased property located in the municipality's Avenel section.
