10/31/2019 - Mixed Use Property on South Broad Street

Contact: Steven Marusky, CCIM

Telephone: (609) 586-1000 ext. 12

E-mail: smarusky@richardsoncommercial.com

Contact: Nick Sabato

Telephone: (609) 586-1000 ext. 29

E-mail: nsabato@richardsoncommercial.com

Richardson Commercial Realtors® Arranges

Sale of Mixed-Use Property on South Broad Street

HAMILTON TOWNSHIP, NJ, October 31, 2019 – Steven Marusky, CCIM and Nick Sabato, Realtor Associate, both of Richardson Commercial Realtors, arranged the sale of an off-market investment property on South Broad Street in Hamilton Township.

The 16,000 square-foot, mixed-use property was renovated and featured private parking. Marusky and Sabato represented both the seller, George Bonfrancesco, a second-generation property owner, and the buyer, Lan Group LLC, a group of investors.

“George Bonfrancesco was a hands-on property manager who prided himself in taking meticulous care of the property,” said Sabato. “So it was in great condition for the new owners.”

“The buyers are a well-qualified group of investors,” said Marusky. “We’re pleased to help them make inroads into the Mercer County market with this initial acquisition.”

A division of one of the Delaware Valley’s premier full-service commercial real estate, appraisal and property management firms, Richardson Commercial prides itself in combining education, marketing savvy, seasoned counsel and an in-depth knowledge of the Central Jersey and Eastern Pennsylvania markets to successfully sell properties and help clients reach their investment goals. The Richardson Commercial umbrella also includes the Richardson Management Group and Lexington Appraisal Group. For more information, please visit richardsoncommercial.com.

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