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SOLD

NAI James E. Hanson Represents RET Industrial In $9.6M Sale Of New Brunswick Industrial Property On Jersey Ave

703 Jersey Avenue

Industrial
41,000 SF
clock iconSold 1 year ago
Russell Verducci
Eric Demmers
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Summary

Sale
NEW JERSEY
Industrial
41,000 sqft

The industrial property located at 703 Jersey Ave in New Brunswick has been sold. The property spans 41,000 square feet and was sold for a total price of $9,625,000, resulting in a price per square foot of $235. The transaction took place on 07/15/2022. The property is situated in the New Brunswick market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $9,625,000
  • Square Footage: 41,000
  • Price per Square Foot: $235
  • Address: 703 Jersey Ave, New Brunswick
  • Date: 07/15/2022

The seller of the property was RET Industrial, represented by Jack Edelstein and Yochi Twersky. The sale was facilitated by brokers Russell Verducci and Eric Demmers from NAI James E. Hanson.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Russell Verducci's profile picture
Russell Verducci
NAI James E. Hanson-image
Vice President
$32.6M Sold
Eric Demmers's profile picture

Details

Deal Summary
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SOLD
IMAGE: Russell Verducci & Eric Demmers DATE: 07/15/2022 ADDRESS: 703 Jersey Ave MARKET: New Brunswick ASSET TYPE: Industrial SELLER: RET Industrial - Jack Edelstein & Yochi Twersky BROKERS: Russell Verducci & Eric Demmers - NAI James E. Hanson SALE PRICE: $9,625,000 SF: 41,000 ~ PPSF: $235

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Address703 Jersey Avenue

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