Faropoint Acquires Industrial Property In Runnemede For $29.37M | 150 - 200 9th Avenue & 721 East Clements Bridge Road | Michael Hines, Lauren Dawicki, Brad Ruppel, Brian Fiumara | Industrial | Sale

Summary

Sale

NEW JERSEY

Industrial

429,077 sqft

An industrial property located at 150 - 200 9th Ave & 721 E. Clements Bridge Road in Runnemede has been sold for a total amount of $29,370,000. The property spans across 429,077 square feet, resulting in a price per square foot of $68. The transaction took place on December 30, 2020.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $29,370,000
Address: 150 - 200 9th Ave & 721 E. Clements Bridge Road, Runnemede
Market: Runnemede

Faropoint acquired the property from Richards & Robbins. The deal was facilitated by CBRE, with Michael Hines, Brian Fiumara, Brad Ruppel, and Lauren Dawicki representing both the buyer and seller.

Players

All
5

Agents
4
Agencies
1

$958.7M Sold

$574.6M Sold

Executive Vice President

$769.1M Sold

Brian Fiumara

Vice Chairman

$1.4B Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: Michael Hines, Brian Fiumara, Brad Ruppel, & Lauren Dawicki DATE: 12/30/2020 ADDRESS: 150 - 200 9th Ave & 721 E. Clements Bridge Road MARKET: Runnemede ASSET TYPE: Industrial BUYER: Faropoint SELLER: Richards & Robbins BROKERS: Michael Hines, Brian Fiumara, Brad Ruppel, & Lauren Dawicki - CBRE PRICE: $29,370,000 SF: 429,077 ~ PPSF: $68

View on map

Address150 - 200 9th Avenue & 721 East Clements Bridge Road

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want