Pinnacle Group Of Hudson Valley Acquires Office Asset In Wayne For $7.9M

The property involved in this transaction is an office asset located at 601 Paterson-Hamburg Turnpike in Wayne. It comprises a total square footage of 37,770 and was sold for a total price of $7,900,000, resulting in a price per square foot of $209.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $7,900,000
• Address: 601 Paterson-Hamburg Turnpike
• Market: Wayne
• Square Footage: 37,770
• Price Per Square Foot: $209
• Buyer: Pinnacle Group of Hudson Valley
• Seller: March Associates
• Seller's Representatives: Jeremy Neuer, Michael Kavaler, JB Bruno & Cody Johnson - JLL

The transaction was facilitated by the seller's representatives, Jeremy Neuer, Michael Kavaler, JB Bruno, and Cody Johnson, who are affiliated with JLL. This team played a crucial role in managing the sale between Pinnacle Group of Hudson Valley and March Associates.