JJU Properties LLC Acquires Retail Property In Glassboro For $3.46M

The retail property located at 328 Rowan Boulevard in Glassboro has been acquired for $3.46 million. The property spans 21,750 square feet and was sold by Kinsley Properties LLC to JJU Properties LLC. This property includes popular establishments such as 7-Eleven, Pizza Hut, and Playa Bowls, and is conveniently situated at the base of the Whitney Center student housing complex.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $3,460,000
• Address: 328 Rowan Boulevard
• Market: Glassboro
• SF: 21,750
• PPSF: $159

Alan Cafiero, Brent Hyldahl, Seth Goldberg, and Brad Nathanson from Marcus & Millichap facilitated the transaction as the brokers representing the respective parties, JJU Properties LLC and Kinsley Properties LLC, in the sale of the retail property. The acquisition of this retail property near Rowan University’s campus marks a significant deal in the Glassboro market.