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  • Helpern and Marks of IPA Capital Markets arranges

IPA's Nathanson represents Abrams Realty & Development and procures buyer in sale of 194,106

HAMILTON TWP., NJ — Institutional Property Advisors (IPA), a division of Marcus & Millichap announced the sale of The Court at Hamilton, a 194,106 s/f shopping center anchored by a 150,000 s/f Walmart Supercenter in Hamilton Twp. The property sold for $19.2 million. “The Court at Hamilton is a necessity-based grocery-anchored shopping center developed in 2016 in a high-density market with close proximity to Trenton and Princeton. With little to no competition within three miles, Walmart performs extremely well here, with more than $100 million in sales,” said Brad Nathanson, IPA senior managing director. “The area’s high population density and the opportunity to co-tenant with Walmart make the center immensely appealing to retailers.” Nathanson represented the seller, Abrams Realty & Development and procured the buyer, New Jersey-based First National Realty Partners. Manhattan-based Michael Helpern and Christopher Marks of IPA Capital Markets, a division of Marcus & Millichap Capital Corp., arranged the debt on behalf of the buyer. Brian Hosey, vice president and district manager is Marcus & Millichap’s broker of record in New Jersey. READ MORE

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