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Property Reserve Inc Acquires 450,330 Square Foot Industrial Facility In Monroe Township From Morgan Stanley

Property Image
SOLD
Brad Ruppel
Brian Fiumara
Ashley Powell
+ 1

New Jersey

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Industrial450,330 SF
Sold 06/04/2026
the dealplayerscompscontact
Property Image
SOLD

Property Reserve Inc Acquires 450,330 Square Foot Industrial Facility In Monroe Township From Morgan Stanley

1065 Cranbury-South River Road

See Similar Deals
Industrial450,330 SF
Sold 06/04/2026
Brad Ruppel
Brian Fiumara
Ashley Powell
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:450,330 SF
Transaction Type:Sale

The property asset involved in the transaction is an industrial facility located at 1065 Cranbury-South River Road in Monroe Township, New Jersey. This facility spans 450,330 square feet and was built in 2018. It is fully leased to Iron Mountain, reflecting its functional characteristics and current occupancy status.

Summary of transaction details:

The deal involved Ashley Powell representing Property Reserve Inc. as the buyer and Ted Pick representing Morgan Stanley as the seller. Brokers Brian Fiumara and Brad Ruppel from CBRE facilitated the transaction, managing both sides effectively.

Players

Brian Fiumara
CBRE
Brian Fiumara
24 deals$1.6B volume(610) 580-8672
BROKER
Brad Ruppel
CBRE
Brad Ruppel
14 deals$913.1M volume
BROKER
Ashley Powell
Ashley Powell
4 deals$233.3M volume
BUYER
TP
Morgan Stanley
Ted Pick
13 deals$1.6B volume
SELLER

Details

SOLD
IMAGE: Ashley Powell, Ted Pick, Brian Fiumara & Brad Ruppel DATE: 06/04/2026 ADDRESS: 1065 Cranbury-South River Road MARKET: Monroe Township, NJ ASSET TYPE: Industrial - SF: 450,330 BUYER: Ashley Powell - Property Reserve Inc SELLER: Ted Pick - Morgan Stanley (@Morgan.Stanley) BROKERS: Brian Fiumara & Brad Ruppel - CBRE (@CBRE) NOTE: CBRE brokered the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial facility in Monroe Township, New Jersey, built in 2018 and fully leased to Iron Mountain. The asset traded from seller Morgan Stanley to buyer Property Reserve Inc., with CBRE’s Brian Fiumara and Brad Ruppel handling both sides of the transaction.

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