JLL Acquires 20-Acre Development Site In Freehold For $23.5M
550 558 halls mill rd
Summary
A development site located at 550-558 Halls Mill Rd in Freehold has recently been sold. The property spans across 20 acres and was part of a closed transaction. The deal was facilitated by the brokers Marc Duval, Jordan Avanzato, Nick Stefans, and Austin Pierce from JLL. The sale price for the property was $23,500,000.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $23,500,000
- Address: 550-558 Halls Mill Rd
- Market: Freehold
- Acres: 20
This transaction marks a significant development opportunity in Freehold. The property offers a generous 20-acre plot, making it attractive for potential investors or developers looking to capitalize on its size and location. With a sale price of $23,500,000, the deal represents a substantial investment in the development site. The brokers involved, Marc Duval, Jordan Avanzato, Nick Stefans, and Austin Pierce, from JLL, facilitated the transaction and played a crucial role in securing the deal.
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