GBD International Inc. Purchases Industrial Property At 68 County Line Road For $13.97M
New Jersey
See Similar DealsGBD International Inc. Purchases Industrial Property At 68 County Line Road For $13.97M
68 County Line Road
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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.
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