Private equity firm buys South Plainfield warehouses for $37M – Robert Khodadadian

Another out-of-state investor is building up its share of North Jersey’s hot industrial market. Boston-based private equity firm Marcus Partners acquired a two-warehouse, 200,000-square-foot property in South Plainfield for $36.5 million. The 17-acre site is at 18-20 Harmich Road in the Middlesex County town, close to Interstate 287 and the New Jersey Turnpike and about 23 miles from Port Newark-Elizabeth Marine Terminal, a major shipping port. The off-market deal was brokered by Lee & Associates’

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Cross Post, Home Page, Industrial market, Industrial Real Estate, New Jersey The Real Deal New York Read More

.com/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .udd24b20d62fec7b0aeab7da29160ec86:hover .ctaButton { background-color: #141414!important; } .udd24b20d62fec7b0aeab7da29160ec86 .centered-text { display: table; height: 80px; padding-left: 18px; top: 0; } .udd24b20d62fec7b0aeab7da29160ec86 .udd24b20d62fec7b0aeab7da29160ec86-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .udd24b20d62fec7b0aeab7da29160ec86:after { content: ""; display: block; clear: both; }
See also