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Unknown Investment Firm Purchases Franklin Township Property For $56 Million Represented By Isaiah Harf

Property Image
SOLD
$56,000,000

New Jersey

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Other138,000 SF
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Property Image
SOLD

Unknown Investment Firm Purchases Franklin Township Property For $56 Million Represented By Isaiah Harf

3391 Lincoln Highway

See Similar Deals
Other138,000 SF
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Other
Price Per Square Foot:$405
Total Square Footage:138,000 SF
Transaction Type:Sale

The property involved in this transaction is Franklin Towne Center, a shopping center located at 3391 Nj-27, Franklin Township, NJ. The asset has an approximate price of $56,000,000 and encompasses 138,000 square feet of retail space, situated on a 14-acre site. The shopping center was constructed in 1990 and is anchored by the grocer Stop & Shop.

Summary of transaction details:

  • Property Type: Shopping Center
  • Transaction Amount: $56,000,000.00
  • Address: 3391 Nj-27, Franklin Township, NJ
  • Square Footage: 138,000
  • Seller's Representative: Isaiah Harf - Stan Johnson Company
  • Buyer: Unknown Investment Firm

Isaiah Harf of Stan Johnson Company represented the seller, a New York-based developer, during the transaction. The buyer was identified as a New Jersey-based investment firm. Both parties opted for anonymity throughout the process.

Players

Isaiah Harf
NorthMarq
Isaiah Harf
8 deals$162.2M volume(312) 777-2437
BROKER

Details

SOLD
IMAGE: 3391 Nj-27, Franklin Township, NJ, 08... SELLER'S REP: Isaiah Harf - Stan Johnson Company BUYER: Unknown Investment Firm PRICE: $56,000,000.00 SF: 138000

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