Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a three-property portfolio located across Carney’s Point, Vineland, and Bridgeton, New Jersey according to Sean Beuche, regional manager and Pennsylvania broker of record, who assisted in the closings.
Craig Dunkle, Mher Vartanian, and Nick DiPrimio obtained three exclusive listings and worked together to execute each closing successfully.
“We are experiencing strong demand for properties with adult daycare tenants. With more than 100 locations, Active Day offers one of the strongest corporate guarantees in this sector,” said Vartanian, vice president investments.
The properties are as follows:
• Active Day Adult Day Care – Upper Deerfield, 11,000 square-feet (single tenant office) Bridgeton, N.J. for $2,200,000
• Active Day Adult Day Care – Carney’s Point Township, 7,640 square-feet (single tenant office) Carney’s Point, N.J. for $1,900,000
• Active Day Adult Day Care – Vineland, 8,000 square-feet (miscellaneous office) Vineland, N.J. for $1,300,050
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus &
Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.
