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Horizon Equities Acquires Ocean County Middle Market Portfolio For $46M

Property Image
SOLD
$46,000,000
Seth Goldberg
Brent Hyldahl
Alan Cafiero
+ 1

New Jersey

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Retail310 SF
Sold 01/19/2023
the dealplayerscompscontact
Property Image
SOLD

Horizon Equities Acquires Ocean County Middle Market Portfolio For $46M

Ocean County, New Jersey, United States

See Similar Deals
Retail310 SF
Sold 01/19/2023
Seth Goldberg
Brent Hyldahl
Alan Cafiero
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$148,387
Total Square Footage:310 SF
Transaction Type:Sale

The Ocean County Middle Market Portfolio, located in Ocean County, Toms River and Brick, was sold in a recent transaction. The property consists of retail and office spaces, with a total area of 310,023 square feet. The sale price for the portfolio was $46,000,000, resulting in a price per square foot of $148. The transaction took place on January 19, 2023.

Summary of transaction details

  • Property Type: Retail & Office
  • Transaction Amount: $46,000,000
  • Address: Ocean County Middle Market Portfolio
  • Market: Ocean County, Toms River & Brick

The buyer of the property was Horizon Equities, represented by Joe Kotler. The seller was Edele Hovnanian. The deal was facilitated by the brokerage team consisting of Alan Cafiero, Brent Hyldahl, Seth Goldberg, and Brad Nathanson from Marcus & Millichap.

Players

Brent Hyldahl
Marcus & Millichap
Brent Hyldahl
57 deals$436.2M volume(201) 742-6116
BROKER
Alan Cafiero
Marcus & Millichap
Alan Cafiero
100 deals$763.8M volume(201) 240-7367
BROKER
Seth Goldberg
Marcus & Millichap
Seth Goldberg
21 deals$236.7M volume
BROKER
Joe Kotler
Joe Kotler
7 deals$207.9M volume
BUYER

Details

SOLD
IMAGE: Alan Cafiero, Brent Hyldahl, Seth Goldberg & Brad Nathanson DATE: 01/19/2023 ADDRESS: Ocean County Middle Market Portfolio MARKET: Ocean County, Toms River & Brick ASSET TYPE: Retail & Office BUYER: Horizon Equities - Joe Kotler SELLER: Edele Hovnanian BROKERS: Alan Cafiero (@Hoxrule3), Brent Hyldahl, Seth Goldberg (@SGoldberg__) & Brad Nathanson - Marcus & Millichap (@MarcusMillichap_NewJersey) SALE PRICE: $46,000,000 SF: 310,023 ~ PPSF: $148

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