SOLD
Public Storage Purchases Industrial Property On US Route 46 In Fairfield For $3.9M
213 & 225 US Route 46
Industrial
105,405 SF
105,405 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Industrial
105,405 sqft
An industrial property located at 213 & 225 US Route 46 in Fairfield has recently been sold for a total of $3,900,000. The property spans 105,405 square feet and is situated on 5 acres of land. It was sold at a price per square foot of $37, with each acre valued at $780,000. The transaction took place on June 1, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,900,000
- Square Footage: 105,405
- Price Per Square Foot: $37
- Acres: 5
- Price Per Acre: $780,000
- Address: 213 & 225 US Route 46, Fairfield
- Market: Fairfield
The buyer of the property is Public Storage, while the seller is Pratt Street Capital. The deal was facilitated by brokers Marc Duval and Jordan Avanzato from JLL.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Marc Duval, Jordan Avanzato & JB Bruno
DATE: 06/01/2021
ADDRESS: 213 & 225 US Route 46
MARKET: Fairfield
ASSET TYPE: Industrial
BUYER: Public Storage
SELLER: Pratt Street Capital
BROKERS: Marc Duval & Jordan Avanzato @JordAvz7 - JLL
SALE PRICE: $3,900,000
SF: 105,405 ~ PPSF: $37
ACRES: 5 ~ PPA: $780,000View on map
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Address213 & 225 US Route 46
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