Redfox Capital Sells Development Site In East Orange And Newark For $2.1 Million

The asset involved in this transaction is a development site located at 164 North Arlington Avenue & 597-605 Springfield Avenue. This property is situated in the East Orange & Newark market and was sold for $2,100,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,100,000
• Seller: Redfox Capital
• Broker: Ryan Cerqueira - The Quinas Companies

The deal was represented by Ryan Cerqueira, who served as the broker for the transaction. This transaction signifies the efforts of Redfox Capital in managing their portfolio effectively within the development sector.