Woodmont Industrial Partners sold its 54,113-square-foot Class A industrial property at 51 New Brunswick Avenue in Woodbridge Township to Sagard Real Estate. The property, delivered in 2023, features 32-foot clear heights, seven dock doors, and 2,300 square feet of office space, and provides direct access to Port Newark-Elizabeth and major highways supporting Northeast distribution.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 51 New Brunswick Avenue
• Market: Woodbridge Township
• Asset Size: 54,113 square feet
• Buyer: Sagard Real Estate
• Seller: Woodmont Industrial Partners
• Brokers: Brian Schulz, Steven Beyda & Kevin Welsh - Newmark

Brian Schulz, Steven Beyda, and Kevin Welsh from Newmark represented the seller, Woodmont Industrial Partners, in this transaction. The property is fully leased to R.A.S. Logistics, further detailing the operational characteristics associated with this asset.