Cabot Properties Acquires Industrial Property In Newark, NJ For $21M

Located at 212 Rome Street in Newark, NJ, this industrial property was recently sold in a closed transaction. It covers a total area of 65,539 square feet and is situated in the Newark market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $21,000,000
• Seller: RBH Group
• Buyer: Cabot Properties
• Brokers: Thomas Walsh & Joseph Garibaldi - Walker & Dunlop

The deal was facilitated by brokers Thomas Walsh and Joseph Garibaldi from Walker & Dunlop. Cabot Properties acquired the property from RBH Group for a total price of $21,000,000. The price per square foot for this transaction is $320.