The industrial facility at 80 Executive Avenue, located in Edison, was sold for $18,200,000. The asset spans 50,400 square feet and is classified as a Class A distribution property built in 2020.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,200,000
• Square Footage: 50,400
• Price Per Square Foot: $361
• Buyer: Fujipoly America LLC
• Seller: Menlo Executive Associates, LLC
• Brokers: Robert J. DiLeo, Kyle Gerace, Robert V. DiLeo & Chris Chiusolo - NAI DiLeo-Bram & Co.

The buyer, Fujipoly America LLC, plans to convert the facility into its U.S. corporate headquarters. The acquisition was facilitated by Robert J. DiLeo and his team from NAI DiLeo-Bram & Co., who represented Fujipoly America LLC during the transaction. This strategic location offers advantageous access to the New Jersey Turnpike and Outerbridge Crossing.