facebook
Traded Co logo
Submit

Brian Ker Purchases Industrial Asset At 605 Union Boulevard Totowa From Joseph Smouha For $9.35M

Property Image
SOLD
$9,350,000
Marc D. Smouha
JS

New Jersey

See Similar Deals
Industrial69,200 SF
Sold 05/15/2025
the dealplayerscompscontact
Property Image
SOLD

Brian Ker Purchases Industrial Asset At 605 Union Boulevard Totowa From Joseph Smouha For $9.35M

605 Union Boulevard

See Similar Deals
Industrial69,200 SF
Sold 05/15/2025
Marc D. Smouha
JS
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$135
Total Square Footage:69,200 SF
Transaction Type:Sale

The industrial property located at 605 Union Boulevard in Totowa, NJ, has been sold for a transaction amount of $9,350,000. The asset encompasses a total space of 69,200 square feet, equating to a price per square foot of $135.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,350,000
  • Address: 605 Union Boulevard
  • Market: Totowa, NJ
  • Square Footage: 69,200
  • Price Per Square Foot: $135
  • Buyer: Brian Ker
  • Seller: Joseph Smouha
  • Broker: Marc D. Smouha - CorePoint RE

The key individuals involved in this transaction include buyer Brian Ker and seller Joseph Smouha, with broker representation provided by Marc D. Smouha from CorePoint RE. This transaction reflects the active involvement of experienced professionals in the real estate market.

Players

Marc D. Smouha
Corepoint RE
Marc D. Smouha
35 deals$260.5M volume(917) 992-5781
BROKER
JS
Joseph Smouha
4 deals$137M volume
SELLER

Details

SOLD
IMAGE: Joseph Smouha & Marc D. Smouha DATE: 5/15/2025 ADDRESS: 605 Union Boulevard MARKET: Totowa, NJ ASSET TYPE: Industrial BUYER: Brian Ker SELLER: Joseph Smouha BROKER: Marc D. Smouha (@Marc_Smouha) - CorePoint RE SALE PRICE: $9,350,000 SF: 69,200 ~ PPSF: $135 NOTE FROM BROKER: Please reach out directly for off market opportunities, NATIONWIDE! (E) [email protected] (W) CorePointRE.com

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$498,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,218.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,323.77
Annual Debt Service$531,885.24