PALISADES PARK, NJ — The Kislak Company, Inc. announced the sale of 40 residential units in Palisades Park, Bergen County for $8.9 million. The properties are located at 55 and 57-61 Bergen Blvd.
Kislak marketed the property on an exclusive basis with senior vice president Robert Squires handling the assignment. Senior vice president Barry Waisbrod procured the purchaser.
Squires commented: “The demand for ‘value add’ apartment buildings in Bergen County is very strong. Th
PENNSVILLE, NJ — The Kislak Company, Inc. announced the $14.3 million sale of Laura’s Glen Apartments, a 10-building apartment complex with 197 units in Pennsville, Salem County.
Kislak marketed the property on an exclusive basis on behalf of the seller Laura’s Glen DE1, 2 and 3, LLC with senior vice president Barry Waisbrod handling the assignment. He also procured, the purchaser, Capital MG, LLC. Waisbrod commented: “The buyer is very active in the southern New Jersey mar
LINDENWOLD, NJ — The Kislak Company, Inc. announced the $27.38 million sale of Stonington Court Apartments, a 456-unit apartment complex located at 1800 Laurel Rd., Lindenwold.
Senior vice presidents Matt Weilheimer and Barry Waisbrod arranged the sale on behalf of the seller and purchaser. The seller was Coolidge Stonington Court LLC, an affiliate of a longtime client for whom Kislak successfully arranged transactions in excess of $100 million in the last 12 years. The pur
WOODBRIDGE, NJ — The Kislak Company, Inc. announced the recent sale of three properties in southern New Jersey with a total of 313 residential units and 50,400 s/f of retail space for $23.05 million. The separate transactions include the $12.15 million off-market sale of Laura’s Glen Apartments, a 197-unit apartment complex in Pennsville, Salem County; the $6.75 million sale of Penn Garden Apartments, a 116-unit apartment complex in Pennsauken, Camden County; and the $4.15 mi
Lancaster, PA — The Kislak Company, Inc. announced the recent sale of Hawthorne Gardens, a 144-unit class A apartment complex in Lancaster for $17.2 million. Kislak marketed the property on an exclusive basis. President Robert Holland represented the seller and senior vice president Barry Waisbrod represented the purchaser. Hawthorne Gardens was built in 2014 and is a garden-style apartment complex with 144 two-bedroom, two-bathroom units. Units offer nine-foot ceilings, spac
BRISTOL, PA — The Kislak Company, Inc. announced the recent sale Croyden Station Apartments, a 92-unit apartment complex in Bristol, Pennsylvania, for $6.55 million. The sale marked the first time the property had been on the market since it was built in 1968. Kislak marketed the property on an exclusive basis. Sales associate Justin Lupo and vice president Barry Waisbrod represented both parties in the transaction. “Justin and Barry did an incredible job bringing this proper
Westville, NJ — The Kislak Company Inc. announced the $27.3 million off-market sale of Inverness Apartments in Westville. Senior vice president Matt Weilheimer and vice president Barry Waisbrod together represented the purchaser. “The market for multifamily properties remains very strong throughout New Jersey and the region,” said Robert Holland, president. “Matt and Barry did an excellent job procuring the purchaser, who was eager to acquire such a large and well-performing
OLD BRIDGE, NJ — The Kislak Company, Inc. facilitated the acquisition of Parkway 120, a five story class “A” office building with more than 200,000 s/f located at 90 Old Matawan Rd. in Old Bridge, Middlesex County, by introducing the lead equity investor to the partnership that purchased the property. Vice president Barry Waisbrod represented two members of the partnership and each is a longtime Kislak client. “The sale represented an opportunity for the partnership to acquir