Wednesday 5 June 2019

Institutional buyer bags North Jersey apartment complex for $59M

A garden-style apartment community in Union County was sold Monday in a $58.5 million deal, GlobeSt first reported. The sale of the 232-unit New Providence Gardens was brokered by Livingston-based brokerage Gebroe-Hammer Associates, which said an unidentified institutional buyer had acquired the complex from a private investment group. The property at 43 Gales Drive in New Providence, built in 1951 and proximal to the 109,000-square-foot, Acme Market-anchored Village Shopping Center, is also located less than […]



source https://therealdeal.com/tristate/2019/06/04/new-providence-gardens-apartments-trade-for-59m/#new_tab

No comments:

Post a Comment