Tuli Realty Acquires Multifamily Asset From AION Partners For $61.3 Million In Morristown
New Jersey
See Similar DealsTuli Realty Acquires Multifamily Asset From AION Partners For $61.3 Million In Morristown
30 Cattano Avenue
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The property asset involved in this transaction is a multifamily building located at 30 Cattano Avenue in Morristown. The sale price for this asset was $61,300,000, encompassing 148 units. The total square footage of the property is 112,996, with a price per unit (PPU) of $414,189 and a price per square foot (PPSF) of $542.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $61,300,000
- Address: 30 Cattano Avenue
- Market: Morristown
- Units: 148
- Square Footage: 112,996
- Price Per Unit: $414,189
- Price Per Square Foot: $542
- Buyer: Tuli Realty
- Seller: AION Partners
- Brokers: Niko Nicolaou, Ryan Dowd, J.P. Hohl, Michael Guerra, Kelly M. Kellett & Alexandria Ebers - Cushman & Wakefield
This transaction was facilitated by a team of brokers from Cushman & Wakefield, consisting of Niko Nicolaou, Ryan Dowd, J.P. Hohl, Michael Guerra, Kelly M. Kellett, and Alexandria Ebers. They played a significant role in representing the parties involved in this multifamily property deal.
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