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  • 5.35± acres along the Passaic River ideal for

CBRE arranges $14.5 million sale of multifamily development site

HARRISON, NJ — CBRE announced the $14.5 million sale of a 5.35± development site at 15 Essex St. in Harrison. Located in a thriving transit-oriented residential and mixed-use neighborhood, which lies within the Waterfront Redevelopment area, the site consisted of a 233,000 s/f warehouse facility and a vacant lot utilized for parking. CBRE’s Charles Berger, first vice president; Elli Klapper, first vice president; and Mark Silverman, associate, of the Tri-State Investment Properties team along with senior vice presidents Thomas Sullivan and Paul Touhey of Advisory & Transaction Services, represented the seller and also procured the buyer, 28th President LLC.

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