Becker Organization Acquires Retail Property In North Wildwood For $4.75 Million

The asset involved in the transaction is located at 2500 Delaware Avenue in North Wildwood, and it is classified as retail space. The sale price of the property was $4,750,000, encompassing a total square footage of 23,466, which equates to a price per square foot of $202.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,750,000
• Square Footage: 23,466
• Price per Square Foot: $202
• Buyer: Bryan Becker, Joseph Zito, Scott Glauberg & Jon D'Aversa - The Becker Organization
• Seller: Wildwood Investment Group
• Seller's Representative: Michael Hinchman & Lawrence Gariano - Graystone Capital Advisors

The buyer group is represented by The Becker Organization, consisting of Bryan Becker, Joseph Zito, Scott Glauberg, and Jon D’Aversa. The seller, Wildwood Investment Group, is represented by Michael Hinchman and Lawrence Gariano from Graystone Capital Advisors. The property currently features a 7,070 square foot end cap vacancy that is available for lease, which can be leased as a whole or subdivided.