Scott Shalek & Eric Shalek Acquire Industrial Property In South Plainfield For $37 Million

This industrial asset is located at 200 Saint Nicholas Avenue in the South Plainfield market. The property was sold for $37,000,000 and encompasses a total area of 29,337 square feet, situated on 7.81 acres of land.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $37,000,000
• Address: 200 Saint Nicholas Avenue
• Market: South Plainfield
• Square Footage: 29,337 SF
• Acres: 7.81
• Buyer: Scott Shalek & Eric Shalek - Ridgecut Road
• Seller: JESCO Equipment
• Broker: Jordan Avanzato, Christopher Todd & Will Ericksen - NAI James E. Hanson

The transaction involved Scott Shalek and Eric Shalek representing the buyer, Ridgecut Road, while JESCO Equipment served as the seller in this deal. The brokers facilitating the transaction were from NAI James E. Hanson, consisting of Jordan Avanzato, Christopher Todd, and Will Ericksen.