Jack Ford And Brian Underkofler Of Lightstone Acquire Industrial Asset From Maguire Hayden For $32.1M

The property asset involved in this transaction is located at 1800 Ogletown Road in Newark, characterized as an industrial asset. The total sale price for the property was $32,100,000, and it encompasses a total square footage of 261,000. The price per square foot is noted at $122.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $32,100,000
• Buyer: Jack Ford & Brian Underkofler
• Buyer Company: Lightstone
• Seller: Maguire Hayden Real Estate Company
• Broker: Ryan Guittare
• Broker Agency: Newmark

The deal involved Jack Ford and Brian Underkofler representing Lightstone as the buyers of the industrial property. The sellers were represented by Maguire Hayden Real Estate Company, with Ryan Guittare from Newmark acting as the broker facilitating the transaction.