SOLD
DMI Acquires 9,772 SF Office Building In Hamilton Square For $2.3M
2291 New Jersey Highway 33
Office
9,772 SF
9,772 SF
Sold 122 days ago
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
Details
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.View on map
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Address2291 New Jersey Highway 33
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