Cornell Realty LLC Acquires Industrial Property On Madison Ave For $5.15M

The industrial asset located at 500 Madison Ave in Manalapan was sold for $5,150,000. This transaction involved the sale of a property that falls under the industrial category, reflecting the market activity in the area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,150,000
• Buyer: Cornell Realty LLC
• Seller: J&J Commercial Realty
• Broker Representatives: Lipa Lieberman, Abie Kassin & Ikey Betesh - Meridian Capital Group
• Date of Sale: 09/06/2022

The deal was facilitated by the brokerage team from Meridian Capital Group. Lipa Lieberman, Abie Kassin, and Ikey Betesh represented the interests of the buyer and seller during this transaction, ensuring that the process was handled efficiently.