Saxum Real Estate Sells Office Property In Red Bank, NJ For $10.7M

An office building located at 55 Broad St in Red Bank, NJ has been sold for a price of $10,700,000. The property spans a total area of 24,032 square feet, resulting in a price per square foot of $445. The sale was facilitated by Saxum Real Estate, with representation from brokers Alan Cafiero, Brent Hyldahl, and Seth Goldberg of Marcus & Millichap.

Summary of Transaction Details

• Property Type: Office
• Transaction Amount: $10,700,000
• Address: 55 Broad St, Red Bank, NJ
• Market: Red Bank, NJ
• Square Footage: 24,032
• Price per Square Foot: $445
• Seller: Saxum Real Estate
• Brokers: Alan Cafiero, Brent Hyldahl, and Seth Goldberg - Marcus & Millichap

Alan Cafiero, Brent Hyldahl, and Seth Goldberg of Marcus & Millichap played a crucial role in facilitating this office building sale in Red Bank, NJ. Their representation ensured a successful transaction for Saxum Real Estate, the seller.