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

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.