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Humble 3PL Acquires Industrial Property In Lakewood For $11M

1890 Swarthmore Avenue
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This Industrial property located in NJ was sold for $11,000,000 over 3 years ago. The brokers of the deal were Marc Duval, Jose Cruz, and Jordan Avanzato

An industrial property located at 1890 Swarthmore Avenue in Lakewood has been sold for $11,000,000. The property spans 75,000 square feet, resulting in a price per square foot of $147. The transaction took place on September 25, 2020, with the buyer being Humble 3PL and the seller being Component Hardware. The deal was facilitated by brokers Jordan Avanzato, Jose Cruz, and Marc Duval.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $11,000,000
  • Square Footage: 75,000
  • Price Per Square Foot: $147
  • Address: 1890 Swarthmore Avenue, Lakewood
  • Market: Lakewood
  • Buyer: Humble 3PL
  • Seller: Component Hardware
  • Brokers: Jordan Avanzato, Jose Cruz, and Marc Duval
  • Date: September 25, 2020

The transaction involved the sale of an industrial property situated at 1890 Swarthmore Avenue in Lakewood. The property was purchased by Humble 3PL from Component Hardware for a total of $11,000,000. Spanning an area of 75,000 square feet, the property commanded a price per square foot of $147. The deal was successfully brokered by Jordan Avanzato, Jose Cruz, and Marc Duval, representing the respective parties involved.

View Related

Deals
  • Location
    1890 Swarthmore Avenue, Lakewood, NJ, USA1890 Swarthmore Avenue, Lakewood, NJ, USA
  • Sale Price
    $11,000,000$11,000,000
    $146 PPSF$146 PPSF
  • Area
    75,000 SF75,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Marc Duval

Marc Duval

Deals43
Sold$2.2B

Jordan Avanzato

Jordan Avanzato

Deals44
Sold$2.2B

Jose Cruz

Jose Cruz

Deals66
Financed$5.6B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Jose Cruz, Jordan Avanzato, & Marc Duval DATE: 09/25/2020 ADDRESS: 1890 Swarthmore Avenue MARKET: Lakewood ASSET TYPE: Industrial BUYER: Humble 3PL SELLER: Component Hardware BROKERS: Jordan Avanzato (@JordAvz7), Jose Cruz, & Marc Duval - PRICE: $11,000,000 SF: 75,000 ~ PPSF: $147

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1890 Swarthmore Avenue

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