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ASB Real Estate Investments & Cohen Asset Management Acquire Industrial Property In Jersey City For $21.7M

111 Thomas McGovern Drive
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This Industrial property located in NJ was sold for $21,700,000 over 2 years ago.

An industrial property located at 111 Thomas McGovern Drive in Jersey City, NJ has been sold for a total of $21,700,000. The property spans over 3.4 acres and offers 65,715 square feet of space. The sale price per square foot was $330.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $21,700,000
  • Address: 111 Thomas McGovern Drive, Jersey City, NJ
  • Market: Jersey City, NJ
  • Acres: 3.4

The buyer of the property is ASB Real Estate Investments & Cohen Asset Management, while the seller is Clearwater Lane LLC.

This deal was facilitated by Robert Bellinger from an undisclosed agency, representing the buyer and seller in the transaction.

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Deals
  • Location
    111 Thomas McGovern Drive, Jersey City, NJ 07305, USA111 Thomas McGovern Drive, Jersey City, NJ 07305, USA
  • Sale Price
    $21,700,000$21,700,000
    $330 PPSF$330 PPSF
  • Area
    65,715 SF65,715 SF
  • Asset Type
    IndustrialIndustrial

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Deal Summary

SALE IMAGE: Robert Bellinger DATE: 09/30/2021 ADDRESS: 111 Thomas McGovern Drive MARKET: Jersey City, NJ ASSET TYPE: Industrial ~ ACRES: 3.4 BUYER: ASB Real Estate Investments & Cohen Asset Management SELLER: Clearwater Lane LLC SALE PRICE: $21,700,000 SF: 65,715 ~ PPSF: $330

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