Faropoint Acquires Industrial Property From Candor Capital For $5.325 Million In South Plainfield

The property asset involved in this transaction is an industrial asset located at 4315 New Brunswick Avenue, South Plainfield, NJ. The sale price was $5,325,000 for a total square footage of 26,800, resulting in a price per square foot of $198.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,325,000
• Address: 4315 New Brunswick Avenue
• Market: South Plainfield, NJ
• Square Footage: 26,800
• Price Per Square Foot: $198
• Buyer: Faropoint
• Seller: Candor Capital
• Brokers: Isaac R. Setton, Joseph Kassin, Steven Pollan, Bunny Escava & Ariel Mamane - KSR

This transaction involved key individuals including Isaac R. Setton, Joseph Kassin, Steven Pollan, Bunny Escava, and Ariel Mamane, who represented the parties in the deal. The representation was facilitated by KSR agency, indicating the professional collaboration among the brokers involved in this industrial asset transaction.