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900 Durham Avenue

Shomash Realty LLC Acquires Former GE Healthcare Facility In South Plainfield For $3.8M
SOLDIndustrial

Shomash Realty LLC Acquires Former GE Healthcare Facility In South Plainfield For $3.8M

900 Durham Avenue

$3,800,000

$119/SF

Building Size

31,800 SF

Asset Type

Industrial

Closing

Jun 18, 2026

AI

The industrial property located at 900 Durham Avenue in South Plainfield, NJ, was sold for $3.8 million. The asset spans 31,800 square feet and sits on 3.52 acres. It previously functioned as a GE Healthcare facility and features lab, warehouse, and office space, benefiting from a convenient location near I-287 with strong transportation access.

Summary of transaction details:

The transaction involved Roaring Brook Investment One LLC as the seller, with Cushman & Wakefield representing the seller in the deal. The property attracted interest for its flexible configuration, indicating potential for various uses in the industrial sector.

Players

Andrew Schwartz

Cushman & Wakefield

Broker

$337.6M

vol

40 deals

Broker

Avenue Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93