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Jonathan Hyde Jonathan O'Donnell And Mitch Arthur Of Oliver Street Capital Bain Capital Real Estate Acquire Industrial Property From Trans American Trucking Services For $33.25M

Property Image
SOLD
$33,250,000

New Jersey

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Industrial40,000 SF
Sold 12/23/2024
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Property Image
SOLD

Jonathan Hyde Jonathan O'Donnell And Mitch Arthur Of Oliver Street Capital Bain Capital Real Estate Acquire Industrial Property From Trans American Trucking Services For $33.25M

115 Saint Nicholas Avenue

See Similar Deals
Industrial40,000 SF
Sold 12/23/2024
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$831
Total Square Footage:40,000 SF
Transaction Type:Sale

The property located at 115 St. Nicholas Avenue and 115 Skyline Avenue in South Plainfield spans 8.84 acres and is classified as an industrial asset. The sale price for this property was $33,250,000, with a total square footage of 32,000, resulting in a price per square foot of $1,039.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $33,250,000
  • Address: 115 St. Nicholas Avenue, South Plainfield and 115 Skyline Avenue, South Plainfield
  • Market: South Plainfield
  • Acres: 8.84
  • Square Footage: 32,000
  • Price per Square Foot: $1,039
  • Buyer: Jonathan Hyde, Jonathan O’Donnell & Mitch Arthur - Oliver Street Capital/Bain Capital Real Estate
  • Seller: Trans American Trucking Services
  • Brokers: Scott Perkins, Christopher Todd & William Ericksen - NAI James E. Hanson

The transaction involved key individuals and representatives from both the buying and selling sides. The buyers are represented by Jonathan Hyde, Jonathan O’Donnell, and Mitch Arthur, and the sellers are represented by Scott Perkins, Christopher Todd, and William Ericksen, all from NAI James E. Hanson.

Players

Scott Perkins
7 deals$256.4M volume
BROKER

William "Will" Ericksen
NAI James E. Hanson
8 deals$267.7M volume(973) 309-3051
BROKER

Christopher Todd
NAI James E. Hanson
7 deals$355.6M volume(201) 961-5283
BROKER

Details

SOLD
IMAGE: Scott Perkins, Christopher Todd, William Ericksen, Jonathan Hyde, Mitch Arthur & Jonathan O’Donnell DATE: 12/23/2024 ADDRESS: 115 St. Nicholas Avenue, South Plainfield and 115 Skyline Avenue, South Plainfield MARKET: South Plainfield ASSET TYPE: Industrial ~ ACRES: 8.84 BUYER: Jonathan Hyde,Jonathan O’Donnell & Mitch Arthur - Oliver Street Capital/Bain Capital Real Estate SELLER: Trans American Trucking Services BROKERS: Scott Perkins, Christopher Todd & William Ericksen - NAI James E. Hanson (@Nai_Hanson) SALE PRICE: $33,250,000 SF: 32,000 ~ PPSF: $1,039

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