Educational Lane, LLC Acquires Retail Property In Manasquan From Peter Longo

The retail property located at 2601 Educational Lane in Manasquan, NJ, was sold for a total amount of $4,210,000. The property spans 10,000 square feet, resulting in a price per square foot of $421. The transaction took place on March 18, 2024, with Educational Lane, LLC purchasing the property from Peter Longo of LT Totowa Enterprise, LLC. Frank Henry of Brokers Network facilitated the deal.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,210,000
• Address: 2601 Educational Lane
• Market: Manasquan, NJ
• SF: 10,000
• PPSF: $421
• Buyer: Educational Lane, LLC
• Seller: Peter Longo - LT Totowa Enterprise, LLC
• Broker: Frank Henry - Brokers Network

The transaction involved notable entities such as Educational Lane, LLC as the buyer and Peter Longo representing LT Totowa Enterprise, LLC as the seller. The deal was successfully closed with the assistance of Frank Henry from Brokers Network.