SOLD
Penwood Real Estate Acquires Industrial Property In Bordentown For $60M With Cushman & Wakefield As Buyer's Rep
201 Elizabeth Street
Industrial
275,631 SF
275,631 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Industrial
275,631 sqft
Penwood Real Estate Investment Management has acquired an industrial property located at 201 Elizabeth St in Bordentown. The property spans a total area of 275,631 square feet and was sold for a price of $60,000,000, resulting in a price per square foot of $218. The transaction took place on June 10, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $60,000,000
- Address: 201 Elizabeth St
- Market: Bordentown
The buyer, Penwood Real Estate Investment Management, was represented by Mindy Lissner, Bill Waxman, Christine Eberle, David Gheriani, Chris Griffith, Jeff Volpi, and Morgan Nitti from Cushman & Wakefield. The seller, The O'Donnell Group, was represented by Steven Schulz from Newmark.
Players
All
10
Agents
8
Agencies
2
Details
SOLD
IMAGE: Bill Waxman, Mindy Lissner, Christine Eberle, David Gheriani, Chris Griffith, Morgan Nitti & Jeff Volpi
DATE: 06/10/2022
ADDRESS: 201 Elizabeth St
MARKET: Bordentown
ASSET TYPE: Industrial
BUYER: Penwood Real Estate Investment Management
SELLER: The O’Donnell Group
BUYER'S REP: Mindy Lissner, Bill Waxman, Christine Eberle, David Gheriani, Chris Griffith (@ChrisGriffith_cre), Jeff Volpi & Morgan Nitti (@Morgan_Nitti_Industrial) - Cushman & Wakefield
SELLER'S REP: Steven Schulz - Newmark
SALE PRICE: $60,000,000
SF: 275,631 ~ PPSF: $218View on map
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Address201 Elizabeth Street
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