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SOMERVILLE, NJ—Cushman & Wakefield has completed the $3.25 million sale of 62-64 West Main Street, a three-story apartment building with ground-floor retail in downtown Somerville. It's the second multifamily transaction they've completed on the same street in the last three months.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
May 23, 2025
The pace of leasing demonstrates demand across markets and firm sizes.
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When volatility runs high, staying up to date becomes a constant challenge.
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The estimates now call for a 29.2 percent increase.