North Brunswick, NJ—CBRE arranged the sale of the almost-fully leased The Shoppes at North Brunswick, in North Brunswick, NJ.
The Shoppes at North Brunswick, which opened in 2007, is a 149,142-square-foot lifestyle center on Route 1, the main north/south thoroughfare running through New Brunswick to destinations such as Princeton and Trenton.
Jeffrey Dunne, Casey Rosen, David Gavin and Dennis Carson of CBRE's National Retail Investment Group represented a New York-based private equity firm in the sale. The team was also responsible for procuring the buyer, Shoppes at North Brunswick, LLC, an entity controlled by The Azarian Group of Midland Park, NJ. The public relations agency for CBRE declined to identify the seller of the property, and refused to disclose the purchase price.
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