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Commerce Park Investors Acquires Mixed-Use Property In Roxbury For $1.9M

350 & 360 North Frontage Road⁠
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This Industrial property located in NJ was sold for $1,900,000 over 3 years ago. The brokers of the deal were Caillin Boles, Kathy Anderson, Jack Callahan, and James Costanzo

The mixed-use property located at 350 & 360 N. Frontage Road in Roxbury has been sold on 12/21/2020. The property, consisting of 34,870 square feet, was acquired by Commerce Park Investors LLC from Coherent Tios Inc for a price of $1,900,000, resulting in a price per square foot of $54.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,900,000
  • Market: Roxbury
  • Seller: Coherent Tios Inc
  • Buyer: Commerce Park Investors LLC

The buyer's representative for this deal was James Costanzo from Charity Realty International, while the seller was represented by Jack Callahan from Colliers International.

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Deals
  • Location
    350 North Frontage Road, Roxbury Township, Landing, NJ, USA350 North Frontage Road, Roxbury Township, Landing, NJ, USA
  • Sale Price
    $1,900,000$1,900,000
    $37 PPSF$37 PPSF
  • Area
    51,070 SF51,070 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    4 Brokers, 2 Agencies, 1 Lender4 Brokers, 2 Agencies, 1 Lender

Agents

James Costanzo

James Costanzo

Deals3
Sold$5.2M

Kathy Anderson

Kathy Anderson

Deals48
Financed$710.1M

Agencies

Progress Capital

Progress Capital

Agency
Deals382
Volume$4.9B

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

Manasquan Bank

Manasquan Bank

Lender
Deals6
Volume$ 5B

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Deal Summary

[embed] SALE⁠ IMAGE: James Costanzo & Jack Callahan⁠ DATE: 12/21/2020⁠ ADDRESS: 350 & 360 N. Frontage Road⁠ MARKET: Roxbury⁠ ASSET TYPE: Mixed-use⁠ ⁠ BUYER: Commerce Park Investors LLC⁠ SELLER: Coherent Tios Inc⁠ BUYER'S REP: James Costanzo - Charity Realty International⁠ SELLER'S REP: Jack Callahan - Colliers International⁠ ⁠ PRICE: $1,900,000⁠ SF: 34,870 ~ PPSF: $54⁠ ⁠

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350 & 360 North Frontage Road⁠

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