RET Industrial Acquires Industrial Property In Mahwah For $8M

Located at 46 Industrial Ave in Mahwah, this industrial property was recently sold in a closed transaction. The property spans approximately 54,000 square feet and is situated in the Mahwah market. The deal was facilitated by Eric Demmers and Russell Verducci of NAI James E. Hanson.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $8,000,000
• Address: 46 Industrial Ave
• Market: Mahwah

The buyer in this transaction was RET Industrial, represented by Jack Edelstein and Yochi Twersky. They successfully acquired this industrial property for a price of $8,000,000, which translates to approximately $148 per square foot.

Note: The accompanying image of the property was taken by Eric Demmers and Russell Verducci.