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. 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 ... The post Northern New Jersey Shopping Center Changes Hands appeared first on Connect CRE .