WOODBRIDGE, NJ-The locally based Kislak Co. Inc. has brokeredthe sale of two New Jersey investment properties totaling $4.8million. The sales include Brooklawn Court Apartments, a 54-unitmultifamily property in Brooklawn that sold for $2.9 million and an18,360-square-foot, multi-tenanted office building in Elizabeththat sold for $1.9 million.

In the Brooklawn transaction, senior vice president JoniSweetwood represented both parties, longtime Kislak clients. Thepurchaser of Brooklawn Court was also the seller of the Elizabethproperty. In that transaction, vice president Andrew Jonasrepresented the purchaser, a private investor.

“The market for multifamily properties remains extremely strongand demand for other types of investment properties is increasing,”Kislak president and co-managing director Jeffrey Wiener tellsGlobeSt.com. “We have clients interested in both market deals suchas these, along with distressed properties, several of whichSweetwood also recently sold.”

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