Opal Holdings Acquires Office Properties In Edison & Iselin NJ For $254M
333 & 343 Thornall Street, 99 & 101 Wood Avenue South
945,906 SF
Summary
The recent closed property transaction involves the sale of two office buildings located at 333 & 343 Thornall Street and 99 & 101 Wood Avenue South in Edison & Iselin, NJ. The buyer for this transaction is Opal Holdings, represented by Shaya Prager, while the seller is Mack-Cali Realty Corporation. The transaction was facilitated by brokers Andy Merin, David Bernhaut, Gary Gabriel, Frank DiTommaso, Seth Zuidema, Adam Spies, and Kevin Donner from Cushman & Wakefield. The property has a total area of 945,906 square feet, with a price per square foot of $269. The sale price for this transaction amounts to $254,000,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $254,000,000
- Address: 333 & 343 Thornall Street, 99 & 101 Wood Avenue South
- Market: Edison & Iselin NJ
- Buyer: Opal Holdings - Shaya Prager
- Seller: Mack-Cali Realty Corporation
- Brokers: Andy Merin, David Bernhaut, Gary Gabriel, Frank DiTommaso, Seth Zuidema, Adam Spies, and Kevin Donner - Cushman & Wakefield
- Square Footage: 945,906
- Price per Square Foot: $269
This transaction highlights the involvement of various key individuals and companies. Opal Holdings, led by Shaya Prager, acted as the buyer in this deal, while Mack-Cali Realty Corporation served as the seller. The transaction was facilitated by a team of brokers from Cushman & Wakefield, including Andy Merin, David Bernhaut, Gary Gabriel, Frank DiTommaso, Seth Zuidema, Adam Spies, and Kevin Donner. Their expertise and negotiation skills contributed to the successful completion of the transaction.
Read LessPlayers
All
8
Agents
6
Agencies
2
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want