The transaction involved the sale of six vacant bank branches situated at multiple addresses across New Jersey, including 425 Route 206, 399 Route 23, 473 Route 79, 179 Market Street, 171 Broadway, and 580 Valley Road. These locations are positioned within the markets of Hillsborough, Franklin, Morganville, Elmwood Park, Bayonne, and Montclair. The sale culminated in a total transaction amount of $5,710,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,710,000
• Addresses: 425 Route 206, 399 Route 23, 473 Route 79, 179 Market Street, 171 Broadway, 580 Valley Road
• Market: Hillsborough, Franklin, Morganville, Elmwood Park, Bayonne, Montclair
• Brokers: Andre Balthazard, Andrew Schwartz, Daniel Bottiglieri & Jordan Sobel - Cushman & Wakefield

Cushman & Wakefield facilitated the sale, representing multiple regional and national banks throughout the transaction. The brokers included Andrew Schwartz, Jordan Sobel, André Balthazard, and Dan Bottiglieri, highlighting a robust interest in high-traffic retail locations amid a national trend of branch closures.