Green Brook Property LLC Acquires Industrial Property In Green Brook NJ For $3.05M

The transaction involved an industrial property located at 228 Us Route 22 in Green Brook, NJ, encompassing 11,607 square feet on 5.5 acres. The sale price for the property was $3,050,000, resulting in a price per square foot of $263.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,050,000
• Buyer: Green Brook Property LLC
• Seller: Patrick Murray - RSW Auto Group
• Broker Representatives: Mark Gjonbalaj, Alan Cafiero, and Giacomo Fiorenza - Marcus & Millichap
• Lease Type: 15-year absolute triple-net lease
• Tenant: RSW Auto Group

Mark Gjonbalaj, Alan Cafiero, and Giacomo Fiorenza from Marcus & Millichap facilitated the sale-leaseback transaction, representing RSW Auto Group as the seller while securing Green Brook Property LLC as the buyer.