Search Results

January 24, 2018  

Bundle of Warehouses on Block in NJ

Sitex Group is shopping 11 Northern New Jersey warehouses suitable for “last-mile” distribution facilities, with potential to raise below-market rents.The 909,000-square-foot portfolio encompasses 10 properties that are 93.7% occupied, plus a new 271,000-sf building that isn’t yet leased. Bids are expected to hit $195/sf, or $177 million, setting the stage for one of that market’s biggest-ever industrial trades.CBRE is...

This article is free to subscribers of Real Estate Alert. If you are a subscriber, please sign in.

If you are not a subscriber, please complete the form below to purchase the article for $19.95.
First Name *
Last Name *
E-mail *
Card Number *
Expiration *
Card Code *
Address *
City *
State/Province *
Zip/Postal Code *

Purchase Article