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JLL Capital Markets Closes $21.2M Sale Of Fully Occupied Warehouse In Piscataway

Property Image
SOLD
$21,200,000
Jason Lundy
Nick Stefans
Marc Duval
+ 2

New Jersey

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Industrial108,875 SF
Sold 06/02/2023
the dealplayerscompscontact
Property Image
SOLD

JLL Capital Markets Closes $21.2M Sale Of Fully Occupied Warehouse In Piscataway

140 Ethel Rd W Piscataway, NJ 08854, USA

See Similar Deals
Industrial108,875 SF
Sold 06/02/2023
Jason Lundy
Nick Stefans
Marc Duval
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$194
Total Square Footage:108,875 SF
Transaction Type:Sale

A fully occupied multitenant warehouse located at 140 Ethel Road in Piscataway has been sold for $21.2 million. The property features a 24-foot clear height, loading docks, and offers convenient access to major commuting highways in northern New Jersey. The transaction was closed by JLL Capital Markets.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $21,200,000
  • Square Footage: 108,875
  • Price per Square Foot: $195
  • Address: 140 Ethel Road, Piscataway
  • Market: Piscataway

The sale was facilitated by JLL's brokers, Marc Duval, Jordan Avanzato, Nicholas Stefans, Jason Lundy, and Jose Cruz, who represented the parties involved in the transaction. The multitenant warehouse's desirable features and strategic location contributed to its successful sale.

Players

Jordan Avanzato
NAI James E. Hanson
Jordan Avanzato
52 deals$2.5B volume(214) 500-5627
BROKER
Jose Cruz
JLL
Jose Cruz
102 deals$7.9B volume(201) 240-7546
BROKER
Marc Duval
JLL
Marc Duval
47 deals$2.4B volume
BROKER
Nick Stefans
JLL
Nick Stefans
31 deals$1.6B volume
BROKER
Jason Lundy
JLL
Jason Lundy
23 deals$1.3B volume
BROKER

Details

SOLD
IMAGE: Jordan Avanzato, Marc Duval, Nicholas Stefans, Jose Cruz & Jason Lundy DATE: 06/02/2023 ADDRESS: 140 Ethel Road MARKET: Piscataway ASSET TYPE: Industrial BROKERS: Marc Duval, Jordan Avanzato (@JordAvz7) , Nicholas Stefans, Jason Lundy & Jose Cruz - JLL (@JLL) SALE PRICE: $21,200,000 SF: 108,875 ~ PPSF: $195 NOTE: JLL Capital Markets has closed the sale of a fully occupied multitenant warehouse at 140 Ethel Road in Piscataway for $21.2 million. The property features a 24-foot clear height, loading docks, and convenient access to major commuting highways in northern New Jersey.

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