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

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.