LJL Realty Co Acquires Retail Property In Somerset For $12.95M

The retail property located at 920 Hamilton St. in Somerset has been sold for a total price of $12,950,000. The transaction took place on 08/16/2022 and involved LJL Realty Co as the buyer and Adoni Property Group as the seller. The property spans a total square footage of 42,116, resulting in a price per square foot of $307.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $12,950,000
• Date: 08/16/2022
• Address: 920 Hamilton St.
• Market: Somerset
• Square Footage: 42,116
• Buyer: LJL Realty Co
• Seller: Adoni Property Group
• Brokers: Andrew Schwartz, Jordan Sobel, Seth Pollack & Andre Balthazard - Cushman & Wakefield
• Price per Square Foot: $307

Andrew Schwartz, Jordan Sobel, Seth Pollack, and Andre Balthazard from Cushman & Wakefield represented all parties involved in the deal. They played a crucial role in facilitating the transaction, ensuring a successful sale of the retail property.