HFF Arranges $42.25 Million Sale of Multi-Anchor Retail Center

by Katie Sloan

Manahawkin, N.J. — Holliday Fenoglio Fowler LP (HFF) has arranged the sale of Manahawkin Commons, a 318,100-square-foot, multi-anchor retail center located in Manahawkin, for $42.25 million.

Jose Cruz and Kevin O’Hearn of HFF represented the seller, ACI Manahawkin LLC, in the transaction. The Hampshire Companies purchased the asset in a joint venture with MCB Real Estate LLC and One Liberty Properties Inc. Mitchell Greene, Robert Sasloff and Lori Schwartz of Robinson Brog Leinwald Greene Genovese & Gluck P.C. provided legal counsel to the seller during the transaction.

Kmart, T.J. Maxx and Regal Cinemas anchor the center, with a tenant roster including Staples, Michaels, Pier 1 Imports, Famous Footwear, Great Clips, Five Below, McDonald’s, Verizon Wireless, Game Stop, Subway and Dunkin Donuts. 

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