Weichert Commercial Negotiates Sale of 905,000 SF Investment Property in Sayreville
MORRIS PLAINS, NJ, AUGUST 19, 2014 – John Udell, president of Weichert Commercial Brokerage, is pleased to announce that Executive Vice President Anthony Baseil and Senior Vice President Scott Maynard, have recently completed the sale of a 905,000 square foot investment property in Sayreville, NJ.
The property located at 4000 Bordentown Avenue in Sayreville, NJ is situated on over 47 acres conveniently located at the cross roads of the New Jersey Turnpike, Garden State Parkway and Routes 1, 9, 35 and 18. The building is comprised of 2 interior rail sidings, 52 drive-in doors (30 interior) and rail service provided by Conrail.
The transaction closed at the beginning of August. Baseil and Maynard represented the Seller, GJM Bordentown, LLC/Sayreville, LLC and was sold to an undisclosed Buyer. Cassidy Turley’s Chuck Fern was a Co-Broker on the transaction.
“We are pleased to congratulate both Tony Baseil and Scott Maynard on the closing of this transaction,” stated Udell. “Tony and Scott’s experience and expertise were key to making this deal a success.”
Weichert Commercial Brokerage, Inc. is a leading commercial brokerage company with offices throughout New Jersey and Pennsylvania. Weichert Commercial consistently delivers the highest quality real estate services through its office, industrial, retail, investment, tenant representation and commercial land brokerage divisions. Weichert Commercial is a proud member of the CORE network, a national network of select commercial real estate companies providing a full line of commercial real estate services to its member clients. During the past eleven years, NJ Biz Magazine has ranked Weichert Commercial in the top commercial real estate companies in NJ and CoStar Group, Inc. has ranked it in the Top Power Brokers in New Jersey since 2002. For more information about Weichert Commercial Brokerage, call 973-267-7778 or visit the company’s website at www.weichertcommercial.com.