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Celebrating its 30th anniversary in 2019, the CREW Network has commemorated the milestone throughout the year and GlobeSt.com looks forward to this year’s convention, which will celebrate the network’s past and hear more about the brand’s future.
“A break-up strategy allows for new and unseasoned investors or buyers to purchase a single tenant asset as a part of a larger successful shopping center that they probably couldn’t afford as one large investment.”
The Home Depot, following 20 years at this site, recently exercised its first 10-year renewal option, demonstrating its long-term commitment to the property, CBRE states.
The three-property portfolio transaction included the $5.3-million sale of Ausonia Apartments, a 26-unit multifamily property with two commercial units located at 501-505 Raritan Avenue in Highland Park, located in Middlesex County NJ.