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Cushman & Wakefield Brokers $15M Sale of Two-Building Industrial Asset in New Jersey

400-500-Apgar-Dr-Franklin-Township-NJ

At the time of sale, the industrial buildings at 400 and 500 Apgar Drive in Franklin Township, N.J., were 91 percent occupied by 11 tenants.

FRANKLIN TOWNSHIP, N.J. — Cushman & Wakefield has arranged the sale of a two-building industrial asset located at 400 and 500 Apgar Drive in Franklin Township. Greek Development purchased the properties from High Street Realty for $15 million. At the time of sale, the two buildings, which total 170,500 square feet, were 91 percent occupied by 11 tenants. Gary Gabriel, Andrew Merin, David Bernhaut, Brian Whitmer, Kyle Schmidt and Andrew MacDonald of Cushman & Wakefield represented the seller and procured the buyer in the deal.

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