Guindi Family Sells Industrial Asset At 594 Jersey Avenue New Brunswick For $11.995M

The asset involved in the transaction is an industrial property located at 594 Jersey Avenue, New Brunswick, NJ. The sale was finalized at a price of $11,995,000, covering a total square footage of 70,000, resulting in a price per square foot of $171.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,995,000
• Square Footage: 70,000
• Price Per Square Foot: $171
• Seller: Guindi Family
• Broker Representatives: Eli Yadid & Joseph Ash - KSR
• Date of Sale: 01/30/2025
• Market: New Brunswick, NJ

This marks KSR's second time selling this building in 4 years, showcasing the brokerage’s ongoing involvement with the property and providing insights into the firm’s expertise within the industrial market.