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.

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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.

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“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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