• MAREJ

Lombardi & Angus of Marcus & Millichap’s NJ office completes 36,560 s/f sale totaling $2.835m


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 & Millichap announced the sale of Sun National Bank (ground lease), a

2,200 s/f net-leased property located in Holmdel. The asset sold for $1.225 million.

Lombardi had the listing to market the property on behalf of the seller. Lombardi also represented the buyer, executing a 1031 exchange.

#marcusmillichap #groundlease #shoppingcenter #sunnationalbank #retail #robertangus #cherrytreecrossing #michaellombardi

0 views

Phone: 781.740.2900| Fax: 781.740.2929 

© Copyright 2014 Mid Atlantic Real Estate Journal. All Rights Reserved.