Silbert Realty Racks Up Three Management Assignments

MILLINGTON, NJ-A multifamily complex, a retail center and a business campus are now under the management auspices of Silbert Realty & Management Co. The locally based company oversees roughly two million square feet in about 40 properties.

The properties include Dover Chase, a 110-unit townhome rental community in Toms River; Kumar Soni Plaza, a 40,000-square-foot, newly constructed retail center in Edison; and the 63,440-square-foot Sparta Business Campus in Sparta in Sussex County.

Company president Brian Silbert says that 70% of its portfolio is made up of retail properties, with the remainder being residential, office or industrial. He tells GlobeSt.com that multifamily is the best performing sector, although there are some pockets of softness.