Colliers International Completes a 20,164-Square-Feet Rite Aid Anchored Retail Center Sale at an 8.5% Cap Rate for a Total Value of $8.965 Million in Somerset, New Jersey
By Colliers International -

Somerset, NJ – May 3, 2011 – (RealEstateRama) — Colliers International, the second largest global real estate services organization, has completed the sale of a 20,164-square-feet multi-tenant retail property located at 464 Elizabeth Ave. Somerset, NJ 08873 to a private regional developer. The transaction is valued at $8.965 million.


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Colliers International
http://www.colliers.com/

Colliers International is a leading global real estate services organization defined by our spirit of enterprise. Through our culture of service excellence and a shared sense of initiative, we have integrated the resources of real estate specialists worldwide to accelerate the success of our clients.

Our headquarters in Seattle, Washington and more than 480 offices worldwide share a common brand and vision to provide the best service experience available.

Contact:

Colliers International
865 S Figueroa St., Suite 3500
Los Angeles, CA 90017

Angela S. Hwang
Regional Marketing Coordinator

Dir +1 213 532 3258
Main +1 213 627 1214
Mob +1 310 867 4105
Fax +1 213 327 3258

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