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

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.