Updated Jun 22, 2026
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: $3,800,000
- Square Footage: 31,800
- Price per Square Foot: $119
- Seller: Roaring Brook Investment One LLC
- Buyer: Shomash Realty LLC
- Brokers: Andrew Schwartz, Jordan Sobel, Andre Balthazard, Dan Bottiglieri & Ryan Larkin - Cushman & Wakefield
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.
On the Map
$3,800,000
$119/SF
Industrial
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Players
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