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.