Cushman & Wakefield Brokers $5.7M Sale of Six Vacant Bank Branches in Northern New Jersey

by Taylor Williams

NEW JERSEY — Cushman & Wakefield has brokered the $5.7 million sale of six vacant bank branches in Northern New Jersey. The properties — located in Hillsborough, Franklin, Morganville, Elmwood Park, Montclair and Bayonne — offer a range of features and opportunities for repurposing or redevelopment. Andrew Schwartz, Jordan Sobel, André Balthazard and Dan Bottiglieri of Cushman & Wakefield represented the various regional and national banks that owned the properties in the transactions. The names of the various private buyers that acquired the assets were also not disclosed.

You may also like