SOLD
Legacy Capital Acquires Industrial Property In Carlstadt, NJ For $13M
2 Palmer Terrace
Industrial
60,400 SF
60,400 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Industrial
60,400 sqft
Legacy Capital has acquired an industrial property located at 2 Palmer Terrace in Carlstadt, NJ. The property, spanning 60,400 square feet, was sold by Palmer Terrace Realty Associates for a total price of $13,000,000. This translates to a price per square foot of $215. The property sits on a 3-acre lot with an average price per acre of $4,333,333.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,000,000
- Square Footage: 60,400
- Address: 2 Palmer Terrace
- Market: Carlstadt, NJ
The deal was facilitated by the brokers Marc Duval and Jordan Avanzato from JLL.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Jordan Avanzato & Marc Duval
DATE: 06/01/2021
ADDRESS: 2 Palmer Terrace
MARKET: Carlstadt, NJ
ASSET TYPE: Industrial
BUYER: Legacy Capital
SELLER: Palmer Terrace Realty Associates
BROKERS: Marc Duval & Jordan Avanzato @JordAvz7 - JLL
SALE PRICE: $13,000,000
SF: 60,400 ~ PPSF: $215
ACRES: 3 ~ PPA: $4,333,333View on map
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Address2 Palmer Terrace
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