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2291 New Jersey Highway 33
SOLD

DMI Acquires 9,772 SF Office Building In Hamilton Square For $2.3M

2291 New Jersey Highway 33

Office
9,772 SF
clock iconSold 190 days ago
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Summary

Sale
NEW JERSEY
Office
9,772 sqft

A 9,772-square-foot office building located at 2291 New Jersey Highway 33 in Hamilton Square has been sold for $2.3 million. The property is situated in a prime location in the Hamilton Square market.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $2,300,000
  • Square Footage: 9,772
  • Price per Square Foot: $235
  • Buyer: DMI
  • Brokers: Jerry Fennelly - Fennelly Associates; Keyser

The buyer, DMI, is the longest-running cooperative warehouse group in the U.S. They sought the office space to complement their recently leased 845,078-square-foot warehouse in Trenton, allowing for efficient cross-docking and storage capabilities. This acquisition will support DMI's significant company growth.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Jerry Fennelly's profile picture
Jerry Fennelly
Fennelly Associates-image
President
$87.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Jerry Fennelly DATE: 01/05/2024 ADDRESS: 2291 New Jersey Highway 33 MARKET: Hamilton Square ASSET TYPE: Office BUYER: DMI BROKERS: Jerry Fennelly (@JerryFennelly) - Fennelly Associates; Keyser (@KeyserCo) SALE PRICE: $2,300,000 SF: 9,772 ~ PPSF: $235 NOTE: Fennelly Associates and Keyser facilitated the $2.3 million sale of a 9,772-square-foot office building in Hamilton, representing buyer DMI, the longest-running cooperative warehouse group in the U.S. DMI sought the new office space to complement its recently leased 845,078-square-foot warehouse in Trenton for efficient cross-docking and storage capabilities amid significant company growth.

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Address2291 New Jersey Highway 33

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