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CBRE Brokers Sell Franklin Commons Retail Property In Shrewsbury For $2.3M

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SOLD
$2,300,000

New Jersey

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Retail14,713 SF
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SOLD

CBRE Brokers Sell Franklin Commons Retail Property In Shrewsbury For $2.3M

691 Broad St, Shrewsbury, NJ, 07702

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Retail14,713 SF
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$156
Total Square Footage:14,713 SF
Transaction Type:Sale

The retail property at 691 Broad St in Shrewsbury, NJ, 07702, known as Franklin Commons, was sold for $2.3 million. The property spans 14,713 square feet and is situated in the Shrewsbury market.

Summary of transaction details:

Nat Gambuzza and Steve Mariani of CBRE, along with assistance from Steve Winters, represented the seller of Franklin Commons in Shrewsbury. The property was part of a larger set of transactions totaling $6.2 million, where the CBRE team successfully found buyers for previously stagnant properties. In addition to this sale, they were also involved in other significant transactions in various locations, showcasing their expertise in the real estate market.

Players

Nat Gambuzza
73 deals$908.7M volume
BROKER


4 deals$6.2M volume(732) 509-2803
BROKER

Details

SOLD
IMAGE: 691 Broad St, Shrewsbury, NJ, 07702 MARKET: Shrewsbury ASSET TYPE: Retail SELLER'S REP: Nat Gambuzza(Berkadia), Steve Mariani(CBRE), Steven Winters(Ripco) BUYER: Unknown PRICE: $2,300,000.00 SF: 14713

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