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Kushner Cos. completes purchase in Long Branch

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Ocean Court by the Sea motel, Long Branch
Ocean Court by the Sea motel, Long Branch - ()

Commercial real estate firm The Kislak Co. recently announced it brokered the sale of the Ocean Court by the Sea motel in Long Branch to an affiliate of Kushner Cos.

Kislak's senior vice president Jeffrey Wiener and Chief Operating Officer Jason Pucci arranged the transaction.

“The property was a natural fit for Kushner given its oceanfront location next to Pier Village,” Wiener said. “Over the past 30 years, my colleagues and I have done more than 70 deals with Kushner and Jason and I were pleased to assist with their expansion in Long Branch.”

Ocean Court by the Sea is located at 170 Ocean Ave., south of Kushner’s ongoing Pier Village project in Long Branch. The property spans 8/10ths of an acre and was sold for $6 million.

Brach Eichler’s Alan Hammer and Jeffrey Itzkowitz represented the buyer, and Gerald Miller of Miller, Meyerson & Corbo represented the seller, Mary Developers LLC. 

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Mario Marroquin

Mario Marroquin

Mario Marroquin covers real estate. A native of El Salvador, Mario is bilingual in English and Spanish. He graduated from Penn State University and worked in Pennsylvania before moving to New Jersey. His email is mariom@njbiz.com.

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