IEF Acquires Industrial Asset At 369 Passaic Avenue From SCESC For $7 Million With Buyer's Rep Tony Nabhan & Farhan Yousufi

The property asset located at 369 Passaic Avenue in the Passaic market is an industrial space featuring a total square footage of 44,000. The sale was finalized for a total transaction amount of $7,000,000, which equates to a price per square foot of $159.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,000,000
• Address: 369 Passaic Avenue
• Market: Passaic
• Square Footage: 44,000
• Price Per Square Foot: $159
• Buyer: IEF
• Seller: SCESC
• Buyer’s Representative: Tony Nabhan & Farhan Yousufi - The Tony Nabhan Collective - Keller Williams Realty

The transaction involved the buyer IEF acquiring the property from seller SCESC, with representation from Tony Nabhan and Farhan Yousufi, affiliated with The Tony Nabhan Collective at Keller Williams Realty.