Blake Silverman Of The Silverman Group Acquires Industrial Portfolio In Clifton From Longpoint

Longpoint sold an industrial portfolio located at 31 & 35 Styertown Road in Clifton, NJ. The property spans 97,145 square feet and is fully leased. It consists of two buildings on a 4.5-acre site positioned near Route 3, catering to local and regional industrial tenants with various suite sizes and robust connectivity.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 31 & 35 Styertown Road
• Market: Clifton
• Asset Size: 97,145 SF
• Buyer: Blake Silverman - The Silverman Group
• Seller: Longpoint
• Brokerage: Kyle Schmidt, Ryan Larkin, Gary Gabriel & Seth Zuidema - Cushman & Wakefield

Cushman & Wakefield acted as the representative for Longpoint in this transaction. The partnership involved seasoned brokers who facilitated the deal and contributed their expertise in managing industrial asset transactions.