RCG Realty Acquires Industrial Property In Aberdeen For $6.35M From Keynet Aberdeen LLC

RCG Realty acquired an industrial property located at 740 Lloyd Road, Aberdeen, NJ, for a transactional amount of $6.35 million. The asset encompasses six acres and includes a 30,000-square-foot industrial outdoor storage area, translating to a price per square foot of $212.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,350,000
• Address: 740 Lloyd Road
• Market: Aberdeen, NJ
• Acres: 6
• Square Feet: 30,000
• Price Per Square Foot: $212
• Buyer: RCG Realty
• Seller: Keynet Aberdeen LLC
• Brokers: Jordan Metz, Benito Abbate & James Friel - Bussel Realty Corp.

Jordan Metz, Benito Abbate, and James Friel from Bussel Realty Corp. represented both RCG Realty and Keynet Aberdeen LLC in this transaction. Additionally, RCG Realty is planning to utilize this acquisition as part of a Section 1031 exchange related to its sale of a 4.8-acre IOS property in Union Township.