JLL brokers $17.28 million sale of three-building Northern New Jersey industrial portfolio - JLL News | RalliesJLL brokers $17.28 million sale of three-building Northern New Jersey industrial portfolio
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JLL• JLL brokers Northern New Jersey industrial portfolio sale
- JLL brokered the off-market sale of a three-building shallow-bay industrial portfolio in Bergen County, New Jersey for $17.28 million.
- Buyer was a joint venture between East Capital Partners and Westport Capital Partners; seller was Cabot Properties.
- JLL arranged $9.7 million of acquisition financing through Aegon Asset Management for the buyer.
- The portfolio totals 72,956 square feet across Paramus, Teaneck, and Englewood and was fully leased at closing.
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