Commercial real estate investment firm Marcus & Millichap announced Thursday the sale of Dollar General, a 9,100-square-foot net-leased property in Vineland, according to Brian C. Hosey, regional manager of the firm’s New Jersey office. The property sold for $860,000.
According to Hosey, Michael Lombardi, director of the Net Leased Property Group in Marcus & Millichap’s New Jersey office and Naomi Shu, associate vice president in Marcus and Millichap’s Brooklyn-based office, exclusively marketed the property on behalf of the seller, a private investor. The buyer was represented by Ben Sgambati, vice president investment, and Alan Cafiero, director, in the Jersey office.
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