Pillar Plaza LLC Acquires Office Property At 80 Cottontail Lane In Somerset For $4.5M

Pillar Plaza LLC purchased 80 Cottontail Lane, an office property located in Somerset, featuring a substantial size of 84,325 square feet for a price of $4,500,000. The property was sold at a price per square foot of $53.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,500,000
• Address: 80 Cottontail Lane
• Market: Somerset
• Square Footage: 84,325
• Price Per Square Foot: $53
• Buyer: Pillar Plaza LLC
• Broker: Gregory Irving - Bussel Realty

Gregory Irving represented Pillar Plaza LLC in the transaction and was appointed as the exclusive leasing agent for the property, which has units ranging from 3,000 to 10,000 square feet currently available.