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100 Davidson Avenue
SOLD

Toranco Somerset LLC Acquires Office Building In Somerset For $5M

100 Davidson Avenue

Office
64,709 SF
clock iconSold 341 days ago
David Zimmel
Jason Zimmel
Joel Natter
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Summary

Sale
NEW JERSEY
Office
64,709 sqft

The $5 million sale of a 64,709-square-foot office building in Somerset, located at 100 Davidson Ave., has been facilitated by Zimmel Associates. The property offers multiple tenants, 258 surface parking spaces, and benefits from its strategic location near Interstate 287, New Jersey Transit, and Newark Liberty International Airport.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $5,000,000
  • SF: 64,709
  • PPSF: $77
  • Address: 100 Davidson Avenue
  • Market: Somerset

Titan Mahagun LLC acquired the office building from the seller, Toranco Somerset LLC. The buyer was represented by the Torsiello Organization, while Zimmel Associates, comprising David Zimmel, Jason Zimmel, and Joel Natter, acted as the seller's representative in the transaction.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

David Zimmel's profile picture
David Zimmel
Zimmel Associates-image
President & CEO
$149.5M Sold
Jason Zimmel's profile picture

Details

Deal Summary
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SOLD
IMAGE: David Zimmel, Jason Zimmel & Joel Natter DATE: 08/08/2023 ADDRESS: 100 Davidson Avenue MARKET: Somerset ASSET TYPE: Office BUYER: Toranco Somerset LLC SELLER: Titan Mahagun LLC BUYER'S REP: Torsiello Organization SELLER'S REP: David Zimmel, Jason Zimmel & Joel Natter - Zimmel Associates (@ZimmelAssociates) SALE PRICE: $5,000,000 SF: 64,709 ~ PPSF: $77 NOTE: Zimmel Associates facilitated the $5 million sale of a 64,709-square-foot office building in Somerset to Titan Mahagun LLC. The building, located at 100 Davidson Ave., offers multiple tenants, 258 surface parking spaces, and a strategic location near Interstate 287, New Jersey Transit, and Newark Liberty International Airport.

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Address100 Davidson Avenue

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