Private real estate firm Invel Capital and Pearlmark Real Estate bought 555 Northfield Ave., West Orange, New Jersey, in November from Garas Development and Varma Real Estate development, the original builders. The final cost was $40.8 million, or 225.68 per square foot, including the retail space on the same plot.
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The West Luxury Residence
555 Northfield Ave, West Orange, NJ
- Companies
- Pearlmark Real Estate, LLC
Real Estate
- Invel Capital
Real Estate
- Contacts
- Steve Simonelli
Senior Managing Director, JLL
- Michael Oliver
Senior Managing Director, NJ Office Co-Head, JLL
- Elizabeth DeVesty
Director, JLL
- Jose Cruz
Senior Managing Director, Capital Markets, JLL
- Ryan Robertson
Director, Capital Markets, JLL