Newmark Associates brokers $4.25 million purchase of industrial building in Morris County

ROCKAWAY, NJ — Newmark Associates announced the closing sale of a 38,700 s/f industrial building at 176 Franklin Ave. in Rockaway for $4.25 million.
Charles Ritschel, senior sales associate with the firm, represented the buyer, a private investor, in the 1031 Exchange.
Ritschel, who has had an ongoing client relationship with the buyer for the last several years, remarked: “This was a fantastic investment opportunity in a high demand northern New Jersey market.  Both the seller and purchaser were able to greatly benefit from this deal. I am looking forward to working with both parties in the future.”

 

READ MORE

Please reload

Featured Posts

5 Keys to Work, Success, & Happiness

November 8, 2019

1/10
Please reload

Please reload

Recent Posts

Phone: 781.740.2900| Fax: 781.740.2929 

© Copyright 2014 Mid Atlantic Real Estate Journal. All Rights Reserved.