REBusinessOnline

CBRE Brokers $5.5M Sale of New Jersey Retail Property

39-Kinderkamack-Rd-Westwood-NJ

Located at 39 Kinderkamack Road in Westwood, N.J., the 9,300-square-foot property is net leased to Goodyear.

WESTWOOD, N.J. — CBRE has arranged the sale of a retail property located at 39 Kinderkamack Road in Westwood. An undisclosed buyer acquired the property for $5.5 million. The 9,300-square-foot building is triple net-leased to Goodyear for a 15-year term. Charles Berger, Mark Silverman, Elli Klapper and Samuel Bernhaut of CBRE brokered the transaction. The name of the seller was not released.

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