CB Richard Ellis Negotiates Sale of High-Quality, 64-Unit, Multi-Family Asset Located in Long Branch, N.J. For $4.525 Million
By Mel Fabrikant Thursday, March 17 2011 @ 04:29 PM EDT
- Well-maintained Monmouth County facility is sold to an out-of-state buyer; CBRE represented the seller in the transaction, a New York-based investor, in unique Tri-State deal-
CB Richard Ellis, New Jersey's largest commercial real estate brokerage firm, is pleased to announce it has recently negotiated the sale of a 64-unit, multi-family asset located at 135 Rockwell Avenue in Long Branch, N.J. for $4.525 million. CB Richard Ellis' Charles Berger of the firm's New Jersey Private Client Group (PCG) represented the seller, a long-time PCG client.