Educational Testing Service Sells Ewing Office & Industrial Property For $18.7M

The property involved in this closed transaction is an Office & Industrial asset located at 225 Phillips Blvd in Ewing, NJ. The property spans a total area of 310,000 square feet and was sold for a price of $18,700,000, resulting in a price per square foot of $60.

Summary of transaction details:

• Property Type: Office & Industrial
• Transaction Amount: $18,700,000
• Address: 225 Phillips Blvd, Ewing, NJ
• Market: Ewing, NJ

The property was sold by the seller, Educational Testing Service (ETS). The sale was facilitated by a team of brokers from CBRE, including Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Rich Gatto, Fahri Ozturk, Travis Langer, Zach McHale, Matthew Saker, and Alec Monaghan.