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  • Regal Bank provides financing for the sale of the

Keenan of Kislak handles sale of mixed use property in Sussex, NJ for $2.25 million

SUSSEX, NJ — The Kislak Company, Inc. announced the recent sale of The Creamery, a mixed use property with 20 residential units and five commercial spaces at 16 Walling Avenue, Sussex, for $2.25 million. Kislak marketed the property and vice president Joseph Keenan represented both the purchaser, F.M.F. Investments LLC and seller, Creamery Apartments LLC, in the sale of the former creamery. Both parties are longtime Kislak clients. The seller bought the property in a distressed state three years ago, after which he completed a full gut rehabilitation of the converted loft style apartments and commercial spaces. Once the renovations were completed, the seller engaged Kislak to market the property. “The seller purchased the property in order to renovate and sell it,” said Keenan. “I am very pleased we were able to help him execute his plan. The property was beautifully renovated and will make a fine addition to the buyer’s growing portfolio in Sussex County.”

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