GBD International Inc. Purchases Industrial Property At 68 County Line Road For $13.97M

The property involved in this transaction is an industrial asset located at 68 County Line Road in Branchburg, spanning 7.81 acres. GBD International Inc. purchased the property for $13.97 million, with a total square footage of 90,000 and a price per square foot of $155.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,970,000
• Buyer: GBD International Inc.
• Seller: SKM 68 LLC
• Broker: David Zimmel - Zimmel Associates
• Square Footage: 90,000
• Price per Square Foot: $155
• Market: Branchburg
• Acres: 7.81

David Zimmel, representing Zimmel Associates, facilitated the transaction, which allows GBD International Inc. to transform the acquired property into a state-of-the-art recycling center. The property was previously sold by Zimmel Associates in 2021 and had undergone significant improvements during GBD's leasing period before the purchase was finalized.