J.P. Morgan Asset Management & Ivy Realty Acquire Industrial Property In Rockaway For $39M

The industrial property located at 100 Commons Way in Rockaway, with an area covering 45.8 acres, was recently sold. The transaction was completed on January 18, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $39,000,000
• Address: 100 Commons Way, Rockaway
• Market: Rockaway
• Size: 352,461 square feet
• Price per Square Foot: $111

The buyer of the property was J.P. Morgan Asset Management and Ivy Realty. The seller's information is not available. The deal was facilitated by Kevin Welsh, Brian Schulz, Jason Emrani, Maria Betancourt, and Chris Koeck from Newmark.