EverWest Real Estate Investors Acquires Industrial Property In Somerset For $27.7M | 650 Randolph Road | John Buckley, Joel Lubin, Gary Politi | Industrial | Sale

Summary

Sale

NEW JERSEY

Industrial

125,790 sqft

The industrial property located at 650 Randolph Road in Somerset was recently sold for a price of $27,700,000. The property spans a total area of 125,790 square feet, resulting in a price per square foot of $220. The sale took place on October 28, 2021.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $27,700,000
Address: 650 Randolph Road
Market: Somerset

The buyer in this transaction was EverWest Real Estate Investors, represented by Stephen Feinberg. The seller of the property was Citgen Realty LLC. The deal was facilitated by brokers Joel Lubin, John Buckley, and Gary Politi from JLL.

Players

All
4

Agents
3
Agencies
1

John Buckley

Executive Vice President

$55.4M Sold

Joel Lubin

Vice Chairman

$55.4M Sold

Gary Politi

Executive Vice President

$55.4M Sold

JLL

Details

Deal Summary

SOLD

IMAGE: Gary Politi DATE: 10/28/2021 ADDRESS: 650 Randolph Road MARKET: Somerset ASSET TYPE: Industrial BUYER: EverWest Real Estate Investors - Stephen Feinberg SELLER: Citgen Realty LLC BROKERS: Joel Lubin, John Buckley & Gary Politi - JLL SALE PRICE: $27,700,000 SF: 125,790 ~ PPSF: $220

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Address650 Randolph Road

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