Terreno Realty Corporation Sells 180 Manor Road Industrial Facility In East Rutherford For $25,005,540

The asset involved in this transaction is an industrial facility located at 180 Manor Road in East Rutherford, NJ. This property features a total square footage of approximately 86,226 square feet and was sold for $25,005,540, resulting in a price per square foot of $289.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,005,540
• Address: 180 Manor Road
• Market: East Rutherford
• Seller: Terreno Realty Corporation
• Sale Price: $25,005,540
• Square Footage: 86,226
• Price Per Square Foot: $289
• Broker Representatives: Eduardo Lopez, Troy Wisse & Michael Schaible - Schaible/Wisse Team - Lee & Associates

The transaction was facilitated by the Lee & Associates' Schaible/Wisse Team, which represented both the buyer and seller. The team, known for its deep market knowledge and extensive relationships, has a proven track record in executing significant transactions in a competitive market. Led by Michael Schaible and Troy Wisse, alongside Eduardo Lopez, the team effectively brings buyers and sellers together, demonstrating their capability in managing various types of real estate transactions throughout Northern New Jersey.