Novonesis Sells 27,992 Square Foot Industrial Facility In East Windsor For $4.75M

Novonesis sold a vacant 27,992-square-foot industrial and laboratory facility located at 55 Lake Drive in East Windsor, New Jersey, for $4.75 million. The site encompasses 2.47 acres and is positioned strategically near the New Jersey Turnpike, highlighting its accessibility and potential for expansion in the industrial sector.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,750,000
• Address: 55 Lake Drive
• Market: East Windsor, NJ
• Square Footage: 27,992
• Price Per Square Foot: $170
• Seller: Novonesis
• Brokers: Daniel Bottiglieri, Jordan Sobel, Andrew Schwartz, Andre Balthazard, Mike Dean, Kate Boyle & Deb Boucher - Cushman & Wakefield

Cushman & Wakefield represented both parties in the transaction, emphasizing the property's existing lab infrastructure as a key asset, along with its potential for future growth and favorable location for industrial activity.