Greg Skaler Of Elion Partners Acquires Industrial Asset At 10 Normandy Drive For $73M

The property asset involved in the transaction is an industrial type located at 10 Normandy Drive in Piscataway. The sale price was $73,000,000, and the asset spans 241,200 square feet, resulting in a price per square foot of $302.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $73,000,000
• Address: 10 Normandy Drive
• Market: Piscataway
• Square Footage: 241,200
• Price Per Square Foot: $302
• Buyer: Greg Skaler - Elion Partners
• Seller: Heath Abramsohn - Rockefeller Group
• Brokers: Christopher Todd, Jordan Avanzato & William Ericksen - NAI James E. Hanson

The transaction was facilitated by the brokers Christopher Todd, Jordan Avanzato, and William Ericksen from NAI James E. Hanson, representing the buyer, Greg Skaler of Elion Partners, and the seller, Heath Abramsohn of Rockefeller Group.