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Aspen Advisors Sells Medical Office On Union Avenue In Rutherford, NJ For $6.9M

71 Union Avenue
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This Office property located in NJ was sold for $6,900,000 over 3 years ago. The brokers of the deal were Patrick Norris and Jacklene Chesler

A medical office located at 71 Union Avenue in Rutherford, NJ was recently sold for $6,900,000. The property spans 32,226 square feet, resulting in a price per square foot of $214. The transaction took place on August 9, 2021. The seller of the medical office was Aspen Advisors.

Summary of transaction details

  • Property Type: Medical Office
  • Transaction Amount: $6,900,000
  • Square Footage: 32,226
  • Price per Square Foot: $214
  • Address: 71 Union Avenue, Rutherford, NJ
  • Market: Rutherford, NJ

The sale of this medical office was facilitated by the brokers Jacklene Chesler and Patrick Norris from Colliers.

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Deals
  • Location
    71 Union Avenue, Rutherford, NJ, USA71 Union Avenue, Rutherford, NJ, USA
  • Sale Price
    $6,900,000$6,900,000
    $214 PPSF$214 PPSF
  • Area
    32,226 SF32,226 SF
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Patrick Norris

Patrick Norris

Deals6
Sold$38.6M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

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Deal Summary

SALE IMAGE: Jacklene Chesler DATE: 08/09/2021 ADDRESS: 71 Union Avenue MARKET: Rutherford, NJ ASSET TYPE: Medical Office SELLER: Aspen Advisors BROKER: Jacklene Chesler & Patrick Norris- Colliers SALE PRICE: $6,900,000 SF: 32,226 ~ PPSF: $214

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71 Union Avenue

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