SOLD
The STRO Companies Acquires Industrial Property In Paramus From Lithia Motors Inc. For $7.6M
404 Sette Drive
Industrial
52,800 SF
52,800 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Industrial
52,800 sqft
The industrial property located at 404 Sette Dr in Paramus has been sold in a transaction facilitated by Jack Shulman and William "Bill" Farkas. The sale took place on June 7, 2022, with Lithia Motors Inc. serving as the seller. The buyer of the property is The STRO Companies, represented by Jack Shulman. The brokerage services for this deal were provided by William "Bill" Farkas of Jeffery Realty.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $7,630,000
- Size: 52,800 square feet
- Price per Square Foot: $145
- Address: 404 Sette Dr, Paramus
The STRO Companies, headed by Jack Shulman, is actively seeking additional warehouse properties for sale in North NJ, Florida, and North Carolina. They can be contacted at [email protected] for any acquisition opportunities. It is worth noting that The STRO Companies are all-cash buyers and have the ability to close deals within 14 days.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Jack Shulman & William "Bill" Farkas
DATE: 06/07/2022
ADDRESS: 404 Sette Dr
MARKET: Paramus
ASSET TYPE: Industrial
BUYER: The STRO Companies - Jack Shulman (@JackShulman)
SELLER: Lithia Motors Inc.
BROKER: William "Bill" Farkas - Jeffery Realty (@JefferyRealty)
SALE PRICE: $7,630,000
SF: 52,800 ~ PPSF: $145
NOTE FROM BROKER: The STRO Companies is actively seeking additional warehouse properties for sale in North NJ, Florida, and North Carolina. Please send acquisition opportunities to Jack Shulman at [email protected]. We are all cash buyers and can close within 14 days.View on map
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Address404 Sette Drive
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