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NE Capital Group Acquires Industrial Property In Rockland Co. For $19M

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This Industrial property located in NY was sold for $19,000,000 over 1 year ago. The brokers of the deal were Marc Duval, Jordan Avanzato, and Nick Stefans

An industrial property located at 6 Ram Ridge Road in Rockland Co. has been sold in a closed transaction. The property spans approximately 135,000 square feet and was sold for a total price of $19,000,000. The price per square foot of the property is $141.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $19,000,000
  • Address: 6 Ram Ridge Road
  • Market: Rockland Co.

The buyer of the property is NE Capital Group, while the seller is Endo Pharmaceuticals. The transaction was handled by brokers Marc Duval, Jordan Avanzato, and Nick Stefans from JLL.

Throughout the deal, Marc Duval, Jordan Avanzato, and Nick Stefans represented the buyer and seller as their brokers.

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Deals
  • Location
    6 Ram Ridge Road6 Ram Ridge Road
  • Sale Price
    $19,000,000$19,000,000
    $140 PPSF$140 PPSF
  • Area
    135,000 SF135,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Nick Stefans

Nick Stefans

Deals19
Sold$1B

Marc Duval

Marc Duval

Deals42
Sold$2.2B

Jordan Avanzato

Jordan Avanzato

Deals43
Sold$2.2B

Agency

JLL

JLL

Agency
Deals5449
Volume$325B

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Deal Summary

SALE IMAGE: Marc Duval, Jordan Avanzato, Nick Stefans & Joe Colletti DATE: 11/18/2022 ADDRESS: 6 Ram Ridge Road MARKET: Rockland Co. ASSET TYPE: Industrial BUYER: NE Capital Group SELLER: Endo Pharmaceuticals BROKERS: Marc Duval, Jordan Avanzato (@JordAvz7) & Nick Stefans - JLL SALE PRICE: $19,000,000 SF: 135,000 ~ PPSF: $141

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