Hamid Moghadam Of Prologis Acquires Industrial Asset From Beau Bevis Of ARC Realty For $166.8M

The asset involved in this transaction is an industrial property located at 201 Middlesex Center Boulevard in Monroe Township. The sale was finalized on March 31, 2025, for a transaction amount of $166,800,000.00. The property encompasses a total square footage of 600,000.0 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $166,800,000.00
• Address: 201 Middlesex Center Boulevard
• Market: Monroe Township
• Buyer: Hamid Moghadam - Prologis
• Seller: Beau Bevis - ARC Realty

The deal features Hamid Moghadam representing Prologis as the buyer in this transaction and Beau Bevis representing ARC Realty as the seller. The involvement of these entities highlights the collaboration and strategic moves within the industrial real estate market.