CRG Realty Acquires Industrial Property In Florham Park, NJ For $22.5M

An industrial property located at 6 Vreeland Rd in Florham Park, NJ, was recently sold in a transaction that took place on September 20, 2022. The property, with a total square footage of 125,421, was sold for a price of $22,500,000, resulting in a price per square foot of $179. The sale was facilitated by brokers James McNerney and John D’Amato of McBride Corporate Real Estate, who represented the buyer, CRG Realty, and the seller, VRX Realty LLC.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $22,500,000
• Address: 6 Vreeland Rd, Florham Park, NJ
• Square Footage: 125,421
• Price Per Square Foot: $179
• Buyer: CRG Realty
• Seller: VRX Realty LLC
• Brokers: James McNerney & John D’Amato - McBride Corporate Real Estate

James McNerney and John D’Amato of McBride Corporate Real Estate were instrumental in facilitating the sale of the industrial property located at 6 Vreeland Rd in Florham Park, NJ. Representing the buyer, CRG Realty, and the seller, VRX Realty LLC, McNerney and D’Amato played a crucial role in negotiating and finalizing the transaction.