LBA Acquires Development Site In Moonachie For $11M
100 Anderson
60,000 SF
Summary
Located in Moonachie, this development site at 100 Anderson was recently sold in a closed transaction. The property spans 60,000 square feet, offering ample space for potential development. The sale, facilitated by Jordan Avanzato, Jose Cruz, and Marc Duval from JLL, involved the buyer LBA and the seller Terminal Construction. The transaction took place on 01/05/2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $11,000,000
- Address: 100 Anderson
- Market: Moonachie
Jordan Avanzato, Jose Cruz, and Marc Duval from JLL represented the buyer and seller in this deal, bringing their expertise to facilitate a successful transaction. The sale price for the property was $11,000,000, resulting in a price per square foot of $183. This transaction highlights the collaborative efforts of the involved parties in the real estate market.
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