Bridge Industrial Acquires Industrial Property In Linden For $49.5M

The industrial property located at 525 West Linden Avenue in Linden has been sold in a transaction worth $49,500,000. Spanning across 9.23 acres, the property offers 115,000 square feet of space, resulting in a price per square foot of $430. The property was purchased by Bridge Industrial, represented by Jeff Milanaik & Stefan Sansone. The seller in this deal was the Corwin Family. The sale price equates to approximately $5,362,947 per acre.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $49,500,000
• Address: 525 West Linden Avenue
• Market: Linden
• Size: 115,000 square feet
• Price per Square Foot: $430
• Acres: 9.23
• Price per Acre: $5,362,947

The deal was facilitated by The Blau & Berg Company as the broker representing the parties involved. Jeff Milanaik & Stefan Sansone acted as the representative of Bridge Industrial in the transaction.