Centerpoint Properties Sells Retail Asset In Linden NJ For $3.5 Million With JLL Brokers

The property asset involved in this transaction is located at 1601 West Edgar Road in Linden, NJ. This retail asset has a total square footage of 13,000 and was sold for $3,500,000, resulting in a price per square foot of $269.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,500,000
• Address: 1601 West Edgar Road
• Market: Linden, NJ
• Asset Size: 13,000 SF
• Price Per Square Foot: $269
• Seller: Centerpoint Properties
• Brokers: David Townes & Alana Friedman - JLL

This transaction featured David Townes and Alana Friedman as representatives for the broker agency JLL, acting on behalf of the seller, Centerpoint Properties. Their involvement was crucial in facilitating the sale of the retail asset.