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Peter Feldman Of Legacy Real Estate Developers Acquires Mixed-Use Property In Dover For Cash

Property Image
SOLD

New Jersey

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Mixed-use126,108 SF
Sold 11/04/2025
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Property Image
SOLD

Peter Feldman Of Legacy Real Estate Developers Acquires Mixed-Use Property In Dover For Cash

570 Mount Pleasant Avenue

See Similar Deals
Mixed-use126,108 SF
Sold 11/04/2025
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:126,108 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use facility located at 570 Mount Pleasant Avenue in Dover, NJ. The site encompasses 126,108 square feet of space and sits on 22.8 acres. The transaction was conducted as an all-cash deal.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not specified
  • Address: 570 Mount Pleasant Avenue
  • Market: Dover
  • Square Footage: 126,108
  • Acres: 22.8
  • Buyer: Peter Feldman - Legacy Real Estate Developers
  • Seller: Salvatore Frassetto - Saddleback Real Estate Developers; Commerce Park Investors
  • Broker: Elli Klapper - CBRE

Legacy Real Estate Developers, in partnership with Saddleback Real Estate Developers and Commerce Park Investors, executed the acquisition of the former Casio America HQ, which will undergo light renovations. This mixed-use property is projected to be marketed for lease or sale in early 2026.

Players

Elli Klapper
CBRE
Elli Klapper
30 deals$439.5M volume(213) 613-3704
BROKER
CBRE
CBRE
BROKERAGE
Saddleback Real Estate Developers
Saddleback Real Estate Developers
SELLER
CI
Commerce Park Investors
SELLER

Details

SOLD
IMAGE: Peter Feldman, Salvatore Frassetto & Elli Klapper DATE: 11/04/2025 ADDRESS: 570 Mount Pleasant Avenue MARKET: Dover ASSET TYPE: Mixed-use ~ SF: 126,108 ~ ACRES: 22.8 BUYER: Peter Feldman - Legacy Real Estate Developers SELLER: Salvatore Frassetto - Saddleback Real Estate Developers; Commerce Park Investors BROKER: Elli Klapper - CBRE (@CBRE) NOTE: Legacy Real Estate Developers, in partnership with Saddleback Real Estate Developers and Commerce Park Investors, acquired the 126,108-square-foot former Casio America HQ at 570 Mount Pleasant Ave. in Dover, NJ, in an all-cash deal brokered by Elli Klapper of CBRE. The property, featuring office and warehouse space on 22.8 acres, will undergo light renovations and be marketed for lease or sale in early 2026.

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