Brookfield Asset Management Acquires Industrial Property In Kearny, NJ For $67.3M

A 56,700 square feet industrial property located at 1100 Newark Tpke in Kearny, NJ has been sold for $67,250,000. The property was acquired by Brookfield Asset Management from CSX. The transaction was facilitated by Isaac Setton and Bunny Escava from Kassin Sabbagh Realty acting as the brokers.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $67,250,000
• Address: 1100 Newark Tpke, Kearny, NJ
• Market: Kearny, NJ
• Buyer: Brookfield Asset Management
• Seller: CSX
• Brokers: Isaac Setton & Bunny Escava - Kassin Sabbagh Realty

The deal involved the purchase of an industrial property in Kearny, NJ. Brookfield Asset Management, a prominent buyer in the real estate market, acquired the property from CSX. The transaction was facilitated by Isaac Setton and Bunny Escava, both representing Kassin Sabbagh Realty.