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Seagis Property Group Acquires 211287 Square Foot Warehouse In Kearny From Russo Development And River Development

Property Image
SOLD
Ryan Larkin
Seth Zuidema
Kyle Schmidt
+ 1

New Jersey

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Industrial211,287 SF
Sold 10/28/2024
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Property Image
SOLD

Seagis Property Group Acquires 211287 Square Foot Warehouse In Kearny From Russo Development And River Development

936 Harrison Avenue

See Similar Deals
Industrial211,287 SF
Sold 10/28/2024
Ryan Larkin
Seth Zuidema
Kyle Schmidt
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:211,287 SF
Transaction Type:Sale

The property involved in this transaction is a 211,287-square-foot industrial warehouse located at 936 Harrison Avenue in Kearny, NJ, situated on 17 acres of land. The warehouse features a 38-foot clear height and includes a two-acre drop lot for efficient operations.

Summary of transaction details:

Cushman & Wakefield facilitated the transaction, representing Russo Development and River Development in the sale to Seagis Property Group. The brokerage played a key role in negotiating the terms of the deal, contributing to the smooth transfer of the property.

Players

Gary Gabriel
Cushman & Wakefield
Gary Gabriel
56 deals$4.5B volume
BROKER
Kyle Schmidt
Cushman & Wakefield
Kyle Schmidt
26 deals$1.3B volume
BROKER
Seth Zuidema
Cushman & Wakefield
Seth Zuidema
14 deals$906.9M volume
BROKER
Ryan Larkin
Cushman & Wakefield
Ryan Larkin
17 deals$1.2B volume(201) 460-3346
BROKER

Details

SOLD
IMAGE: Gary Gabriel, Kyle Schmidt, Ryan Larkin & Seth Zuidema DATE: 10/28/2024 ADDRESS: 936 Harrison Avenue MARKET: Kearny ASSET TYPE: Industrial ~ SF: 211,287 ~ ACRES: 17 BUYER: Seagis Property Group SELLER: Russo Development & River Development BROKERS: Gary Gabriel, Kyle Schmidt, Ryan Larkin & Seth Zuidema (@ScZuidema) - Cushman & Wakefield (@CushWake) NOTE: Cushman & Wakefield facilitated the sale of a 211,287-square-foot warehouse on 17 acres in Kearny, NJ, with a 38-foot clear height and two-acre drop lot. The brokerage represented Russo Development and River Development, selling to Seagis Property Group; the price was undisclosed.

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