Raymond Wu Purchases Industrial Property From Pendergast Family For $1.5M In Jamaica

The industrial asset located at 93-13 178th Place & 93-12 179th Place in Jamaica has been sold for $1,500,000. The property encompasses 9,100 square feet, resulting in a price per square foot of $165.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,500,000
• Buyer: Raymond Wu
• Seller: Pendergast Family
• Broker Representation: Shaun Riney, Sean Fopeano & David Cornejo - Marcus & Millichap

Marcus & Millichap represented the seller in the transaction and successfully procured an end-user buyer for the property.