CBRE closed the sale of Oak Tree Plaza Apartments, a 36-unit, newly constructed, Class A residential property located at 600 Rte. 34 in Old Bridge, NJ. The asset was acquired by REVL Holdings, a first-time buyer in the market, for $12.13 million.
The CBRE team of Fahri Ozturk, Richard Gatto, and Zach McHale spearheaded the marketing campaign for the property and represented the seller EOM Realty, a New York City-based developer. CBRE also procured the buyer.
“We are proud to facilitate another successful transaction for EOM Realty, a longstanding client of ours for over a decade,” said Ozturk. “Oak Tree Plaza Apartments is a prime example of the developer’s dedication to quality and craftsmanship, featuring the modern finishes and thoughtful design that today’s renters seek.”
Built in 2023, Oak Tree Apartments is located within a five-minute drive from Exit 120 of the Garden State Parkway in Old Bridge.
The post EOM Realty Sells Newly Developed Old Bridge Apartments appeared first on Connect CRE.
