Criterion Group Acquires Industrial Property In Newark For $26.1M With Brokers Isaac R. Setton, Bunny Escava & Bryna Flaum - KSR
206-238 North 12th Street & 1 Springdale Avenue
Summary
The industrial property located at 206-238 N 12th St & 1 Springdale Ave in Newark was recently sold. The property spans across 10 acres with a sales price of $26,100,000. The transaction was facilitated by brokers Isaac R. Setton, Bunny Escava, and Bryna Flaum from KSR. The buyer of the property is Criterion Group, while the seller is Notte Management Group, represented by John Davis.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,100,000
- Address: 206-238 N 12th St & 1 Springdale Ave
- Market: Newark
- Buyer: Criterion Group
- Seller: Notte Management Group - John Davis
- Brokers: Isaac R. Setton, Bunny Escava, and Bryna Flaum - KSR
The property transaction involved key individuals and companies. The buyer, Criterion Group, made a significant investment to acquire the industrial property in Newark. On the other hand, Notte Management Group, represented by John Davis, acted as the seller in the deal. The transaction was successfully facilitated by brokers Isaac R. Setton, Bunny Escava, and Bryna Flaum from KSR.
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