Northern New Jersey Shopping Center Changes Hands
Adoni Property Group has acquired the 60,614-square-foot shopping center in Northern New Jersey’s Basking Ridge from Kushner Real Estate Group.
Summary
JLL Capital Markets arranged the sale and secured $12.
Adoni Property Group has acquired the 60,614-square-foot shopping center in Northern New Jersey’s Basking Ridge from Kushner Real Estate Group. JLL Capital Markets arranged the sale and secured $12.2 million in acquisition financing on behalf of the buyer through an unidentified life insurance firm. Built in 2000, the community retail center spans approximately 11 acres...
Source
- Connect CREconnectcre.com
