Oliver Street Capital Acquires Industrial Asset In East Rutherford For $28.5M

The industrial property located at 299 Murray Hill Parkway in East Rutherford, NJ, was sold for $28,500,000. The property spans 101,433 square feet, resulting in a price per square foot of $281.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $28,500,000
• Buyer: Jonathan Hyde, Jonathan O'Donnell & Mitch Arthur - Oliver Street Capital
• Brokers: Gary Gabriel, Kyle Schmidt, Ryan Larkin & Seth Zuidema - Cushman & Wakefield

The transaction was facilitated by the buyer's representatives Jonathan Hyde, Jonathan O'Donnell, and Mitch Arthur from Oliver Street Capital, in collaboration with the brokers Gary Gabriel, Kyle Schmidt, Ryan Larkin, and Seth Zuidema from Cushman & Wakefield.