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Marcus & Millichap complete $3.5M sale of office building in Bloomfield

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This retail property in Bloomfield sold for $3.45 million.
This retail property in Bloomfield sold for $3.45 million. - ()

Marcus & Millichap announced recently the sale of an 8,500-square-foot retail property in Bloomfield for $3.45 million, according to Brian C. Hosey, regional manager of the firm’s New Jersey office.

Ben Sgambati, Alan Cafiero and David Cafiero, investment specialists at the firm’s New Jersey office, exclusively listed the property on behalf of the seller, a private investor.

The 5-unit retail property, Terry’s Drug’s Retail Strip, is located at 1049 Broad St. It’s currently 100 percent occupied. 

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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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