B&D Holdings And J.P. Morgan Asset Management Acquire Industrial Portfolio In North Brunswick For $37M

The asset involved in this transaction is an industrial property located at 1460 Livingston Avenue in North Brunswick. The property was sold for $37,000,000, encompassing a total area of 205,000 square feet, which translates to a price per square foot of $180.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $37,000,000
• Address: 1460 Livingston Avenue
• Market: North Brunswick
• Square Footage: 205,000
• Price Per Square Foot: $180
• Buyer: Martin Segal, Rob Logan & Jack Shulman - B&D Holdings; Ryan Kavanaugh & Preston Meyer - J.P. Morgan Asset Management
• Seller: Zev Spira & David Rothenberg
• Brokers: Guy Hananya - Clear Height Advisors; Max Custer - JLL

B&D Holdings has formed a Joint Venture with institutional investors advised by J.P. Morgan Asset Management for this acquisition. They are actively pursuing further industrial and IOS acquisitions. For inquiries regarding opportunities in New Jersey or the northeast, contact Jack Shulman, or for southeast, midwest, or west-coast opportunities, contact Rebecca Weinerman.