Real Estate Acquisitions in New Jersey

Storage Post Self Storage acquired a self-storage facility located at 353–367 Park Avenue in Newark, New Jersey, a property previously operated by CubeSmart. The acquisition expands Storage Post’s New Jersey footprint to seven facilities and supports the company’s ongoing Northeast growth strategy.

Keystone Equity Partners has acquired David Nicholas Building & Property Maintenance, a luxury residential property manager serving Southern New Jersey, as the inaugural investment for its new Shoreline Platform. The deal gives Keystone a foothold managing 130+ high-end coastal homes and positions the platform to scale services for affluent second-home owners in vacation markets while keeping founder David Nicholas involved in operations.

Compass has completed an all-stock combination with Anywhere Real Estate, bringing the two companies together under Compass International Holdings. Robert Reffkin will lead the combined organization as it integrates operations and a single cloud-based technology platform to support real estate professionals and affiliate broker‑owners.

NAI James E. Hanson has acquired The Garibaldi Group, bringing the long-running Chatham-based brokerage into the NAI Hanson platform. The deal also includes NAI Summit of Allentown, expanding NAI Hanson’s geographic reach across northern New Jersey and the Lehigh Valley and strengthening its property management and brokerage capabilities.

Suntex Marina Investors, a Dallas-based owner and operator of marina properties, has acquired Channel Club Marina in Monmouth Beach, New Jersey. The four-acre facility on the Shrewsbury River features more than 140 slips, on-site restaurants, a pool and marina services; Suntex said the property will be added to its growing portfolio in the New Jersey/New York area.

Industrial Logistics Properties Trust (ILPT) completed its acquisition of Monmouth Real Estate Investment Corporation (MNR) for $21.00 per share in an all-cash transaction valued at approximately $4.0 billion, including assumed debt and transaction costs. ILPT also formed a joint venture with an unnamed institutional investor to hold 95 of the acquired MNR properties (ILPT retained a 61% interest), expanding ILPT’s scale, e‑commerce logistics exposure, tenant diversity and geographic footprint.

MooveGuru, a Roswell, Georgia-based moving concierge platform, acquired Lyndhurst, New Jersey-based HomeKeepr in a seven-figure stock-for-stock deal. The acquisition integrates HomeKeepr's agent‑branded mobile app and home-pro referral network into MooveGuru's mover concierge services, expanding the combined company's capabilities and user base.