Bill Sitar Jr. of Sitar Realty Company brokers industrial sale totaling $124.4m

November 21, 2017

 

Iselin, NJ — Sitar Realty Company of Iselin announced the following real estate sale transactions:
The acquisition of 6,272 self-storage units measuring 673,558 s/f of industrial space with a purchase price of $124,464,308. Prime Group Acquisitions, LLC purchased properties in Clinton, NJ; Lindenwold, NJ; Phillipsburg, NJ; Washington, NJ; Brookfield, CT; Farmington, CT; Newington, CT; New Milford, CT; Boston, MA; Hyde Park, MA; Quakertown, MA; Somerville, MA; and South Boston, MA; and Fairless Hills, PA. Bill Sitar Jr. was the salesperson in these transactions.
The sale of a 36,408 s/f retail center at 3 Walter Foran Blvd., Flemington, from Arnav Investments, LLC to Flemington Partners, LLC. The sale price was $5.6 million. Giorgio Vasilis was the salesperson in this transaction.
The sale of an 80-room hotel at 2015 Burlington Mount Holly Rd., Westampton from 2015 Burlington Mount Holly Rd., LLC to Westampton Realty, LLC. The sales price was $3.75 million. Thomas Palumbo was the salesperson in this transaction.
The sale of a 16,500 s/f office building at 2121 Rte. 22, Bridgewater, NJ from Bridgewater East Associates to Capital Care BR, LLC. The sales price was $2,546,250. Gregg Nowell and Douglas Sitar were the salespeople in this transaction.
The sale of 3.7 acres of land at 1711 Rte. 34 in Wall Twp., NJ from Wall Land LLC to New Jersey State Firemen's Association. The sales price was $999,000. Robert JanTausch and Douglas Sitar were the salespersons in this transaction.
The sale of 11 acres of land at 300-500 Madison Ave. in Manalapan, NJ from Madison Exchange LLC to J&J Commercial Exchange LLC. The sales price was $950,000. Robert JanTausch was the salesperson in this transaction.
The sale of an 8,300 s/f industrial building at 5007 Industrial Rd. in Wall Twp. from Fourkay Realty LLC to MAG Enterprises. The sales price was $792,000. Brian Schrader and Robert JanTausch were the salespeople in this transaction.
The sale of an 8,000 s/f office building at 6 Wesley Court in Middletown, NY from the International Union of Operating Engineers, Local 825 to Seneco Enterprise. The sales price was $585,000. Douglas Sitar, William Sitar Jr., and Joseph Allegro were the salespeople in this transaction.
The sale of a 4,800 s/f retail building at 57 Main St. in Bradley Beach, NJ from 57 Main LLC to CJB Realty Associates. The sales price was $420,000. Brian Schrader was the salesperson in this transaction.
The sale of a 3,750 s/f retail building at 5201 Pacific Ave., Wildwood, NJ from National Loan Investors, LP to Ahn Nguyen. The sales price was $150,000. Robert Bogash was the salesperson in this transaction. 

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