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P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says – Real Estate NJ
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P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says – Real Estate NJ
The Pennington at 211 Pennington Ave. in Passaic — Courtesy: Cushman & Wakefield By Joshua Burd P3 Properties has made a major acquisition in Passaic, adding a 147-unit multifamily property with further development potential in a deal arranged by Cushman & Wakefield. The brokerage team represented both the buyer and the seller, the Birch Group, in the $49 million transaction at 211 Pennington Ave. That includes the community known as The Penning…
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