WESTWOOD, NJ-The Kislak Co. has sold five apartment, mixed-useand office buildings here for $5.8 million on behalf of a privateseller. The purchaser, too, is a private investor, represented byKislak.

The sale included Linda Court, a nine-unit apartment property onElm Street; James Court, a seven-unit multifamily asset on FairviewAvenue; Stratford Apartments, a four-unit apartment building withone commercial space on Third Avenue; and Sturbridge Commons, a12,630-square-foot office building, and Plaza One, a7,832-square-foot office asset, both on Kinderkamack Road. Theproperties were among a larger portfolio of Westwood assets builtby the seller in the 1970s and 1980s that had never before beenavailable for sale.

“This transaction illustrates the continued strength ofinvestment properties in northern New Jersey, especially formultifamily properties in A-plus communities like Westwood,” saysMatt Weilheimer, a vice president at Woodbridge, NJ-based Kislak.“We generated a great deal of interest in the properties andultimately procured a single purchaser for them.”

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