Regions Northeast
41-Unit Bergen County MF Trades
May 13, 2008

Catherine Gardens, a 41-unit apartment property at 278 Main St. in Little Ferry has just traded in an all-cash transaction. The amount of the sale was not disclosed. Multi-family and retail investment sales firm Kislak Co. Inc. orchestrated the deal on behalf of the seller, who had previously relied on Kislak to facilitate the building's purchase. Located less than 15 miles from New York City, the three-story structure was developed in 1970 and was sold in what was described as immaculate condition.

 
Recent Northeast Headlines
AIG 70 pine st smal AIG Headquarters Sale Makes Splash in Quiet Manhattan Investment Market
June 10, 2009
With rumors circulating of a sale price around $100 per square foot, the sale of the 66-story American International Group headquarters in Lower Manhattan likely set the bar for the biggest sale in the area market thus far in 2009.
Despite Office Market Slump, 1M-SF Connecticut Office Campus Trades in $72M Deal
June 09, 2009
It's an office trade of such a size that has not been seen in Connecticut, no less challenged by job losses and economic malaise than most other markets, in quite a while. Matrix Connecticut L.L.C. has just taken over ownership of the 1 million-square-foot Danbury Corporate Center in Danbury, Conn., from GERA Danbury L.L.C. in a $72.4 million merger transaction. The deal is a coup for Connecticut, as well as its neighbors, as it marks the largest multi-tenant office transaction in the suburban New York Tri-State area so far this year.
 
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