321 Valley Rd

The transaction involved a 177,559-square-foot industrial building located at 321 Valley Rd, Hillsborough, NJ, within the Hillsborough market. The property, which sits on 77 acres, was sold by Valley Holdings to an undisclosed private buyer. The building is fully occupied and features long-term leases, indicating its value in the current industrial real estate investment market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 321 Valley Rd, Hillsborough, NJ, 08844
• Market: Hillsborough
• Buyer's Representative: Earl Lapides - Bussel Realty Corp.
• Seller: Valley Holdings
• Square Footage: 177,559
• Acreage: 77

The deal was facilitated by Bussel Realty Corp, with Earl Lapides and Stephen Nozza acting as representatives for the buyer and seller, respectively. The property is conveniently accessible from Route 206 and Interstate 287 and is located approximately five miles from the Somerville NJ Transit station. The transaction highlights the expertise of BRC brokers in managing complex deals in the industrial real estate sector.