The Most Comprehensive Source for Commercial Real Estate News in the Region 

What is your most notable project, deal or transaction? We closed The Shoppes at Pierce, a newly constructed 37,000 square foot strip center for over $12,000,000 in early 2019. The sellers were the original developers and the buyer was a private partnership.  #MICHAELLOMBARDI #MARCUSMILLICHAP #40UNDER40

MANALAPAN, NJ — Marcus & Millichap announced the sale of a 27,790 s/f mixed-use property located in Manalapan, NJ, for $3.4 million according to Brian Hosey, regional manager of the firm's New Jersey office. Charles Loccisano and Michael Lombardi, investment specialists in Marcus & Millichap's New Jersey office, had the listing to market the property on behalf of the seller, a limited liability company. Loccisano secured the buyer, a private investor. The property is locate

What is your greatest professional accomplishment? Achieving Marcus & Millichap’s NJ Top Broker Award on four occasions. What inspiring word of advice would you give to a young executive graduating from college today? Set a goal, create a path or have a vision and then every day take action to build toward that goal, path or vision. College: Ramapo College of NJ READ MORE. #MICHAELLOMBARDI #MARCUSMILLICHAP #MAREJ40UNDER40

BAYONNE, NJ — Marcus & Millichap, announced the sale of two mixed-use buildings on Broadway, located in Bayonne. Fahri Ozturk and Tyler Van Wagoner, investment sales specialists in Marcus & Millichap's New Jersey office, had the listing to market the properties on behalf of the sellers, two separate private owners. They also secured and represented the buyers for both transactions. 554-556 Broadway, located along Broadway between E 25th St. and E 26th St., closed for $1.95

Photo Caption: Retail Update: Opportunities and Trends was moderated by Matthew K. Harding, president of Levin Management. Panelists included Marta Person Villa, VP of CBRE; Michael Lombardi, director of the Net Lease Property Group and VP of investments for Marcus & Millichap; and Nancy Erickson, senior director/NJ retail leader for Cushman & Wakefield. PARSIPPANY, NJ — New Jersey’s commercial real estate market is showing encouraging signs of stabilization and growth – part

COLONIA, NJ — Marcus & Millichap announced the sale of Inman Shopping Plaza (pictured), a 33,480 s/f strip center tenanted by Walgreens, Dunkin Donuts and Santander Bank among other national retailers. The building is located in Colonia, NJ, according to Brian Hosey, regional manager of the firm’s New Jersey office. The asset sold for $9.95 million representing a 6.29% cap rate. Michael Lombardi, vice president investments in Marcus & Millichap’s New Jersey office, had the l

SEWELL, NJ — Marcus & Millichap announced the sale of Cherry Tree Crossing, a 36,560 s/f property located in Sewell according to Brian Hosey, regional manager of the firm’s NJ office. The asset sold for $2.835 million. Michael Lombardi, a VP investments together with Robert Angus, associate in Marcus & Millichap’s NJ office, had the listing to market the property on behalf of the seller. Lombardi and Angus also represented the buyer in this transaction. HOLMDEL, NJ — Marcus &

SEWELL, NJ — Marcus & Millichap announced the sale of Cherry Tree Crossing, a 36,560 s/f property located in Sewell according to Brian Hosey, regional manager of the firm’s NJ office. The asset sold for $2.835 million. Michael Lombardi, a VP investments together with Robert Angus, associate in Marcus & Millichap’s NJ office, had the listing to market the property on behalf of the seller. Lombardi and Angus also represented the buyer in this transaction. #sewell #marcusmillich