Josh Neill & Chenying Zhao Of Outpost Acquire Industrial Property From Daybreak Express For $85M

The property asset involved in this transaction is an industrial facility located at 873-915 Delancey Street in Newark. The sale was completed for a price of $85,000,000, covering a total area of 25,000 square feet, which translates to a price per square foot of $3,400.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $85,000,000
• Buyer: Josh Neill & Chenying Zhao
• Seller: Daybreak Express
• Brokers: Jason Lundy & Nick Stefans - JLL
• Market: Newark

Key individuals involved in the deal include buyers Josh Neill and Chenying Zhao, who are associated with Outpost. The transaction was facilitated by brokers Jason Lundy and Nick Stefans from JLL, representing the interests of the seller Daybreak Express.