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85 Challenger Road
SOLD

Asia Investment Management Acquires Office Building In Ridgefield Park, New Jersey For $59.7M

85 Challenger Road

Office
2,330,000 SF
clock iconSold 1 year ago
Kevin O’Hearn
Steve Simonelli
Jose Cruz
+ 3
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Summary

Sale
NEW JERSEY
Office
2,330,000 sqft

The office property located at 85 Challenger Road in Ridgefield Park, New Jersey has been sold in a transaction. The property is owned by KABR Group, represented by Kenneth Pasternak, and has been purchased by Asia Investment Management. The sale price for this transaction is $59,700,000.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: $59,700,000
  • Tenant: Samsung
  • Buyer: Asia Investment Management
  • Seller: KABR Group – Kenneth Pasternak
  • Brokers: Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver, and J.B. Bruno at JLL

Samsung is the tenant occupying the office property at 85 Challenger Road. The deal was facilitated by brokers Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver, and J.B. Bruno from JLL.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Kevin O’Hearn's profile picture
Kevin O’Hearn
JLL-image
Senior Managing Director
$742.4M Sold
JB Bruno's profile picture

Details

Deal Summary
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SOLD
IMAGE: Kevin O’Hearn, Jose Cruz, Kenneth Pasternak, Steve Simonelli & Michael Oliver DATE: 10/27/2020 ADDRESS: 85 Challenger Road MARKET: Ridgefield Park, New Jersey ASSET TYPE: Office TENANT: @Samsung @SamsungUS BUYER: Asia Investment Management SELLER: KABR Group – Kenneth Pasternak BROKERS: Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver & J.B. Bruno @JLL PRICE: $59,700,000 […]

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Address85 Challenger Road

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