74-Avenue-L-Newark

Realterm Acquires 33,500 SF Industrial Property in Newark

by Taylor Williams

NEWARK, N.J. — Global investment management firm Realterm has acquired a 33,500-square-foot industrial property located at 74 Avenue L in Newark. The facility sits on a 1.7-acre site near the Port of Newark and features 15 dock-high doors. The seller and sales price were not disclosed. Torsten Thaler, Steve Shoemaker and Tom Tucci at Cushman & Wakefield brokered the deal.

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