Newmark Brokers Sell Retail Property In Paterson For $34M
75 McLean Boulevard
Retail
120,000 SF
120,000 SF
Summary
Located at 75 McLean Blvd in Paterson, this retail property was recently sold in a closed transaction on November 13, 2020. The property spans approximately 120,000 square feet with a price per square foot value of $283. The total sale price for the property was $34,000,000. Newmark represented the parties involved in the transaction, including Steven Schultz, Matt Berres, and Samer Khalil.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $34,000,000
- SF: 120,000
- PPSF: $283
- Address: 75 McLean Blvd
- Market: Paterson
- Brokers: Steven Schultz, Matt Berres, & Samer Khalil - Newmark
The deal's key individuals and companies involved in this transaction are Steven Schultz, Matt Berres, and Samer Khalil from Newmark. Their expertise and representation played a crucial role in facilitating the sale of this retail property at 75 McLean Blvd in Paterson.
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75 McLean Boulevard
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