Center Point Acquires Industrial Property In Carlstadt, NJ For $30M

An industrial property located at 130 Moonachie Avenue in Carlstadt, NJ has been sold for a price of $30,000,000. The property has a total square footage of 63,933, resulting in a price per square foot of $469. The sale took place on December 3, 2020.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $30,000,000
• Address: 130 Moonachie Avenue, Carlstadt, NJ
• Market: Carlstadt, NJ
• Buyer: Center Point - Evan Lippow
• Seller: Ultra Logistics
• Brokers: Abie Kassin, David Benharouch, David Schechtman, Evan Lippow, Lipa Lieberman - Meridian Capital Group

The buyer of the property is Center Point, represented by Evan Lippow. The seller is Ultra Logistics. The transaction was facilitated by brokers Abie Kassin, David Benharouch, David Schechtman, Evan Lippow, and Lipa Lieberman from Meridian Capital Group.