Mountain Development Corp. & Cohen Commercial Properties Acquire Retail Property In Wayne For $8.65M

The retail property located at 755-797 Hamburg Turnpike in Wayne has been sold for a total price of $8,650,000. The property spans over 9.29 acres and offers a total of 57,963 square feet of space. The sale price per square foot is $149, indicating a profitable transaction in the market.

Summary of transaction details

• Property Type: Retail
• Sale Price: $8,650,000
• Square Footage: 57,963
• Price per Square Foot: $149
• Address: 755-797 Hamburg Turnpike
• Market: Wayne

Mountain Development Corp. and Cohen Commercial Properties have acquired the property from Ramapo Plaza Associates LLC. The deal was facilitated by brokers David Bernhaut, Andy Schwartz, Jordan Sobel, Andre Balthazard, Brian Whitmer, and Max Helfman of Cushman & Wakefield.