Raider Hill Advisors Sells 1 Geoffrey Way In Wayne, New Jersey, For $621,000

The property asset involved in this transaction is located at 1 Geoffrey Way, Wayne, NJ, 07470. This former Toys ‘R’ Us corporate headquarters encompasses 621,000 square feet and is situated on 191 acres overlooking a reservoir. Originally built in 1962 as the headquarters for American Cyanamid, the site consists of two interconnected office buildings and was occupied by Toys ‘R’ Us for 16 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Address: 1 Geoffrey Way, Wayne, NJ, 07470
• Market: Wayne
• Seller: Raider Hill Advisors
• Seller's Representatives: Allyson L’Abbate (CBRE), Brian Godau (CBRE)
• Buyer: Unknown
• Square Footage: 621,000

The deal involved key individuals from CBRE, including Jeffrey Babikian, Robert L’Abbate, Allyson L’Abbate, Nor Ramos, and Brian Godau, who represented the seller, Raider Hill Advisors, throughout the transaction.