Marcus & Millichap has completed the sale of 70 Park Montclair for $2.5 million.
New Jersey office Regional Manager Brian Hosey announced the sale of the 12,000-square-foot Montclair property Tuesday.
A team of investment specialists from the Saddle Brook-based New Jersey office consisting of Alan Cafiero, Ben Sgambati, David Cafiero and Michael DeVita exclusively marketed the property on behalf of the seller, and secured the buyer. Neither parties were disclosed.
The property is 83 percent occupied, mostly by medical professionals.