SOLD
KPE II LLC Acquires Plainsboro Plaza Retail Center For $42.2M
10 Schalks Crossing Road
Retail
218,718 SF
218,718 SF
Sold 34 days ago
Summary
Sale
NEW JERSEY
Retail
218,718 sqft
The Plainsboro Plaza, a significant retail center located at 10 Schalks Crossing Road in Plainsboro, New Jersey, has been sold for $42.2 million. The property spans 218,718 square feet and was acquired by KPE II LLC from Onyx Equities. The asset features prominent tenants such as CVS and SuperFresh.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $42,200,000
- Buyer: KPE II LLC
- Seller: John Saraceno, Jr. - Onyx Equities
- Address: 10 Schalks Crossing Road
- Market: Plainsboro
- Square Footage: 218,718
John Saraceno, Jr. was the seller, representing Onyx Equities in the transaction. On the buyer's side, KPE II LLC was assisted by their representative.
Details
SOLD
IMAGE: John Saraceno, Jr.
DATE: 04/04/2024
ADDRESS: 10 Schalks Crossing Road
MARKET: Plainsboro
ASSET TYPE: Retail
BUYER: KPE II LLC
SELLER: John Saraceno, Jr. - Onyx Equities
SALE PRICE: $42,200,000
SF: 218,718 ~ PPSF: $193
NOTE: Plainsboro Plaza, a significant retail center spanning 218,718 square feet in Plainsboro, New Jersey, was sold for $42.2 million to KPE II LLC by Onyx Equities. The property, housing prominent tenants like CVS and SuperFresh, was previously acquired by Onyx in 2013 for $22.4 million.View on map
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Address10 Schalks Crossing Road
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