Mani Bakshi Acquires Retail Property In Butler, NJ For $23.5M

Located at 1510 NJ-23 in Butler, NJ, this retail property has been sold in a recent transaction. The property spans across 30,000 square feet and was sold for a price of $23,500,000, resulting in a price per square foot of $783.

Summary of Transaction Details:

• Property Type: Retail
• Date: 06/03/2022
• Market: Butler, NJ
• Buyer: Mani Bakshi
• Seller: Joseph Bijou
• Brokers: Raj Whadwa - Global Realty Services & Alan Cafiero - Marcus & Millichap
• Square Footage: 30,000
• Sale Price: $23,500,000
• Price Per Square Foot: $783

The transaction was facilitated by Raj Whadwa from Global Realty Services and Alan Cafiero from Marcus & Millichap. They represented the buyer and seller, respectively, in this deal.