Rick Stone Of Sagard Real Estate Acquires 223,977 Square Foot Industrial Facility In Monmouth Junction

Sagard Real Estate acquired a fully leased industrial facility located at 27 Distribution Way in Monmouth Junction, New Jersey. The asset comprises 223,977 square feet and spans approximately 16.4 acres, fully leased to a long-term distribution tenant. The facility features 28 dock-high loading positions, rail service capability, a secured truck court, and substantial trailer storage capacity.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not Disclosed
• Address: 27 Distribution Way
• Market: Monmouth Junction, NJ
• Square Footage: 223,977
• Buyer: Rick Stone - Sagard Real Estate

Rick Stone represents Sagard Real Estate in this transaction, as the company expands its presence in the supply-constrained Exit 8A logistics submarket.