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Elion Partners Acquires Industrial Property In Elizabeth For $29.7M

1000 Jefferson Avenue
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This Industrial property located in NJ was sold for $29,700,000 about 3 years ago. The brokers of the deal were Isaac R. Setton and Bunny Escava

An industrial property located at 1000 Jefferson Avenue in Elizabeth has been sold for $29,700,000. The property spans across 202,000 square feet and sits on 8.6 acres of land. The sale price per square foot comes out to be approximately $147, while the price per acre is around $3,453,488.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $29,700,000
  • Address: 1000 Jefferson Avenue
  • Market: Elizabeth

Elion Partners was the buyer in this transaction, while the property was sold by Seyon Group and Wheelock Street Capital. Bunny Escava and Isaac Setton from Kassin Sabbagh Realty represented the parties involved in the deal as brokers.

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Deals
  • Location
    1000 Jefferson Avenue, Elizabeth, NJ, USA1000 Jefferson Avenue, Elizabeth, NJ, USA
  • Sale Price
    $29,700,000$29,700,000
    $147 PPSF$147 PPSF
  • Area
    202,000 SF202,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Bunny Escava

Bunny Escava

Deals31
Sold$976.2M

Agency

Kassin Sabbagh Realty

Kassin Sabbagh Realty

Agency
Deals1090
Volume$7.1B

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Deal Summary

SALE IMAGE: Bunny Escava & Isaac Setton DATE: 03/01/2021 ADDRESS: 1000 Jefferson Avenue MARKET: Elizabeth ASSET TYPE: Indusrial BUYER: Elion Partners SELLER: Seyon Group/ Wheelock Street Capital BROKERS: Bunny Escava & Isaac Setton - Kassin Sabbagh Realty PRICE: $29,700,000 SF: 202,000 ~ PPSF: $147 ACRES: 8.6 ~ PPA: $3,453,488

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1000 Jefferson Avenue

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