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Cushman & Wakefield Brokers Sell Retail Property In Fairfield For $4.6M

387 Passaic Avenue
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This Retail property located in NJ was sold for $4,600,000 about 2 years ago. The brokers of the deal were Andre Balthazard, Jordan Sobel, Andrew "Andy" Schwartz, Brian Whitmer, and Andrew (Andy) Merin

A retail property located at 387 Passaic Ave in Fairfield has been sold for a price of $4,600,000. The property spans 4,560 square feet with a price per square foot of $1,009.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,600,000
  • Address: 387 Passaic Ave, Fairfield
  • Market: Fairfield

The seller of the property was Indian Ridge Investments LLC. The deal was facilitated by the brokers Andy Merin, Brian Whitmer, Andy Schwartz, Jordan Sobel, and André Balthazard from Cushman & Wakefield.

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Deals
  • Location
    387 Passaic Avenue, Fairfield Township, New Jersey 07004, United States387 Passaic Avenue, Fairfield Township, New Jersey 07004, United States
  • Sale Price
    $4,600,000$4,600,000
    $1,008 PPSF$1,008 PPSF
  • Area
    4,560 SF4,560 SF
  • Asset Type
    RetailRetail
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Andre Balthazard

Andre Balthazard

Deals24
Sold$202.6M

Jordan Sobel

Jordan Sobel

Deals28
Financed$239.5M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: Jordan Sobel, Brian Whitmer, Andy Schwartz, Andy Merin & Andre Balthazard DATE: 01/21/2022 ADDRESS: 387 Passaic Ave. MARKET: Fairfield ASSET TYPE: Retail SELLER: Indian Ridge Investments LLC BROKERS: Andy Merin, Brian Whitmer, Andy Schwartz, Jordan Sobel & André Balthazard - Cushman & Wakefield SALE PRICE: $4,600,000 SF: 4,560 ~ PPSF: $1,009

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387 Passaic Avenue

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