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Marcus & Millichap complete sale of $9.18M retail property

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Marcus & Millichap announced Monday the $9.18 million sale of a strip center located in Hazlet, according to Brian C. Hosey, regional manager of the firm's New Jersey office.

Michael Lombardi, first vice president and Steven Schiavello of the firm's New Jersey office, exclusively marketed the property on behalf of the seller. The pair also represented the purchaser, a 1031 exchange buyer.

The Hazlet Pavilion is a 71,407-square-foot strip mall located on Route 36.

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Emily Bader

Emily Bader

Emily Bader is the Web Editor and Social Media Coordinator at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com.

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