EverWest Real Estate Investors Acquires Moonachie, NJ Industrial Portfolio For $65.9M

EverWest Real Estate Investors has acquired an industrial portfolio in Moonachie, NJ for a sale price of $65,875,000. The property spans 190,032 square feet, resulting in a price per square foot of $347. The portfolio is located in a prime industrial market in Moonachie, NJ.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $65,875,000
• Address: Industrial Portfolio, Moonachie, NJ
• Market: Moonachie, NJ

The buyer, EverWest Real Estate Investors, was represented by Stephen Feinberg from Northeast Acquisitions. On the other side, the seller, Cushman & Wakefield, was represented by Gary Gabriel, Kyle Schmidt, David Bernhaut, and Seth Zuidema. Their expertise and negotiation skills played a pivotal role in facilitating the successful transaction.