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  • Posted September 19, 2017

Panco Strategic Real Estate Fund III Purchases Avalon Watchung in Watchung, NJ

On September 19, 2017, Panco Strategic Real Estate Fund III acquired The Point atWatchung(formerly Avalon Watchung).Located in both Watchung and North Plainfield, NJ in affluent Somerset County, the Class A garden style community was built in 2003 and consists of 334 residential units across 24.72 acres. This acquisition is an opportunity to increase our foothold in Northern New Jersey while capitalizing on positive demographic trends in this market.

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