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CBRE: Summit Assets sells new 30-unit Maplewood rental property for $13 million – Real Estate NJ
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CBRE: Summit Assets sells new 30-unit Maplewood rental property for $13 million – Real Estate NJ
The Summit at 1722-1744 Springfield Ave. in Maplewood — Courtesy: CBRE By Joshua Burd The developer of a new 30-unit luxury apartment building in Maplewood has sold the property for nearly $13 million, according to a listing team with CBRE. Brokers say the property, located at 1722-1744 Springfield Ave., was fully stabilized at the time of the year-end sale by Summit Assets. The buyer, SANA Properties, paid $12.75 million in a transaction that c…
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