SOLD
Centerpoint Properties Acquires Industrial Asset In Wayne For $27.5M
100 Demarest Drive
Industrial
117,340 SF
117,340 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Industrial
117,340 sqft
Centerpoint Properties has acquired an industrial property located at 100 Demarest Dr in Wayne. The transaction, which took place on 06/03/2022, involved the sale of the asset by 100 Demarest Drive LLC. The property spans approximately 117,340 square feet and was sold for a price of $27,500,000, resulting in a price per square foot of $234. The deal was facilitated by brokers Christopher Todd, Scott K. Perkins, and Will Ericksen from NAI James E. Hanson.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $27,500,000
- Date: 06/03/2022
- Address: 100 Demarest Dr, Wayne
- Market: Wayne
Centerpoint Properties, represented by P.J. Charlton and Bryan Won, acquired the property from 100 Demarest Drive LLC. The transaction was successfully completed with the assistance of NAI James E. Hanson's brokers, Christopher Todd, Scott K. Perkins, and Will Ericksen.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: P.J. Charlton, Bryan Won, Christopher Todd, Scott K. Perkins & Will Ericksen
DATE: 06/03/2022
ADDRESS: 100 Demarest Dr
MARKET: Wayne
ASSET TYPE: Industrial
BUYER: Centerpoint Properties - P.J. Charlton & Bryan Won
SELLER: 100 Demarest Drive LLC
BROKERS: Christopher Todd, Scott K. Perkins, Will Ericksen - NAI James E. Hanson
SALE PRICE: $27,500,000
SF: 117,340 ~ PPSF: $234View on map
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Address100 Demarest Drive
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