News: Front Section
Posted: May 21, 2015
Denenberg of Denenberg Realty Advisors arranges $4.25 million sale
Neil Denenberg of Denenberg Realty Advisors completes the sale of a portfolio of two brick office buildings located at 100 & 124 Crescent Rd. and total 32,350 s/f. The sale closed at a price of $4.25 million
Denenberg represented both the buyer, Crescent Road Realty LLC, and the seller, M & R Realty Trust in the sale of these two brick office buildings.
Denenberg said, "I want to thank M & R Realty Trust and Crescent Road Realty LLC for putting together a cooperative, seamless, transaction to purchase the above properties. When buyer, seller and broker create an atmosphere of trust and respect, a successful closing almost always takes place. This portfolio of two properties, parking and land are great assets. The real estate market is extremely hot and this is a great time to invest or sell all types of real estate especially since there are an abundance of investors and interest rates are remaining low."
Denenberg Realty is a broadly licensed real estate brokerage firm, dedicated to serving the needs of institutions, corporations, partnerships and private investors for investments, acquisitions, sales, retail tenant representation, leasing and site selection.
Denenberg Realty Advisors has been successfully designing and completing such projects since 1991. Additionally the corporation maintains a special focus on identifying, analyzing, and completing development transactions.
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