Eastern Lift Truck Co Inc Purchases Industrial Asset From Robert Bob Snyder For $10.5M

The industrial asset sold is located at 281 Centennial Avenue in Piscataway. The buyer of the property is Eastern Lift Truck Co, Inc., while the seller is Robert (Bob) Snyder from Binsky & Snyder. The sale was finalized for a total amount of $10,500,000, encompassing a total square footage of 41,309 square feet, which translates to a price per square foot of $254.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,500,000
• Address: 281 Centennial Avenue
• Market: Piscataway
• Square Footage: 41,309
• Price per Square Foot: $254
• Buyer: Eastern Lift Truck Co, Inc.
• Seller: Robert (Bob) Snyder - Binsky & Snyder
• Brokers: Robert J. DiLeo, Robert V. DiLeo, Christopher Galiano & Kyle Gerace - NAI DiLeo-Bram & Co.

Representing the parties in this transaction are Robert J. DiLeo, Robert V. DiLeo, Christopher Galiano, and Kyle Gerace from NAI DiLeo-Bram & Co. They facilitated the sale between the buyer, Eastern Lift Truck Co, Inc., and the seller, Robert (Bob) Snyder of Binsky & Snyder.