10Y UST4.67%+0.21%30Y MTG6.66%+0.15%SOFR3.64%VNQ$97.24-0.42%XLRE$44.48-0.40%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
Connect CRE · Mixed Use

Marcus & Millichap’s Cafiero Team Arranges Sale of Union County Mixed-Use

Via Connect CRE · August 28, 2026
Compiled by Real Estate Trail Editorial · August 28, 2026

Why this matters

Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
Marcus & Millichap closed the sale of 219-225 E. Broad St., a mixed-use property in Westfield, NJ. The asset sold for $5.9 million in the second sale the firm arranged in this union County suburb in as many weeks. “Th…
Read the full article at Connect CRE

External link. Real Estate Trail does not republish source content.

Related coverageMixed Use

Connect CRE · Mixed Use

Northwest Bank to Open 75K-SF Corporate Headquarters in Ohio

Northwest Bank plans to open its new corporate headquarters in Dublin, Ohio, located in Bridge North, a new mixed-use development by the Daimler Group in the city’s Bridge Street District. The mixed-use developm…

Aug 26
Connect CRE · Chicago · Mixed Use

Habitat Reaches Milestones at Two Chicago Housing Projects

Habitat announced two significant milestones in its efforts to bring new mixed-use and mixed-income developments to Chicago. The Habitat Company, together with Cabrera Capital Partners, completed the financial closing…

Aug 26