Good Fortune, Dollar General, Papa John's Pizza and PNC Bank are tenants at Somerset Plaza Shopping Center in Franklin Park, New Jersey.

Marcus & Millichap Arranges $12.8 Million Sale of Shopping Center in New Jersey

by Camren Skelton April 27, 2018

April 27, 2018

Franklin Park, N.J. — Marcus & Millichap has arranged the sale of Somerset Plaza Shopping Center, a retail property located in Franklin Park.

A private investor acquired the property for $12.8 million. Eleven tenants, including Good Fortune, Dollar General, Papa John’s Pizza and PNC Bank, occupy the 67,530-square-foot shopping center. Alan Cafiero, Brent Hyldahl and Ben Sgambati of Marcus & Millichap represented the buyer in the deal.

Edifis to Redevelop 98,816-Square-Foot Shopping Center in Texas City, Texas

Upcoming Events

Jan
22

InterFace Denver Retail 2025

Join our dynamic panels to connect with top decision-makers and gain insights into the Denver Retail market.
Jan
22

InterFace Denver Multifamily 2025

Join our dynamic panels to connect with top decision-makers and gain insights into the Denver Multifamily market.
Jan
24

InterFace San Antonio Commercial Real Estate Outlook 2025

Join us as experts discuss the latest developments and investment opportunities across retail, industrial, office, and multifamily sectors.
Feb
04

THE Inland Empire Commercial Real Estate Conference 2025

This conference is your opportunity to connect with industry leaders who are active throughout the dynamic Inland Empire market.
Feb
13

InterFace Texas Workforce & Affordable Housing 2025

This event brings together a diverse group of decision-makers all focused on addressing workforce and affordable housing needs across Texas.
Feb
18

InterFace Net Lease West 2025

InterFace Net Lease West will feature FIVE panel sessions, a networking lunch, and will conclude with a networking cocktail reception.
Feb
19

InterFace Healthcare Real Estate West 2025

InterFace Healthcare Real Estate West will bring together all stakeholders involved in healthcare and medical outpatient real estate.
Feb
20

InterFace Seniors Housing West 2025

InterFace Seniors Housing West will focus on the state of seniors housing investment, development, financing & operations in the West.
Feb
24

InterFace Austin Retail & Mixed-Use 2025

Join industry leaders and decision-makers as they explore what’s new in Austin’s retail and mixed-use sectors.
Feb
24

InterFace Austin Industrial 2025

InterFace Austin Industrial will explore the opportunities and challenges that lie ahead in Austin's industrial market.
Feb
25

Entertainment Experience Evolution 2025

Entertainment Experience Evolution explores exciting concepts & cutting-edge technologies shaping the future of retail entertainment.
Mar
11

InterFace Seattle Multifamily 2025

Connect with multifamily industry leaders as they discuss the latest trends and challenges in the multifamily sector.
Mar
17

InterFace Michigan Retail 2025

Gain valuable insights into the opportunities and challenges in the Michigan retail market at the InterFace Michigan Retail conference.
Mar
17

InterFace Michigan Multifamily 2025

Leading executives in the Michigan apartment market will discuss the economic and demographic trends shaping the multifamily sector.
Apr
09

InterFace Student Housing 2025

InterFace Student Housing will bring together leading decision makers for 20 panel discussions featuring 100+ high-level speakers and presenters.

Marcus & Millichap Arranges $12.8 Million Sale of Shopping Center in New Jersey

Edifis to Redevelop 98,816-Square-Foot Shopping Center in Texas City, Texas

NKF Capital Markets Arranges $18.5 Million Sale of Retail Property in Upstate New York

You may also like