Buy NJ West Essex Logistics Center: Invesco Real Estate Investment

Buy NJ West Essex Logistics Center: Invesco Real Estate Investment

Bluewater Property Group and Affinius Capital have sold West Essex Logistics Center, a 293,887-square-foot industrial property in Livingston, New Jersey to Invesco Real Estate. The facility located at 8 Peach Tree Hill Road was formerly the headquarters of CIT Bank and has undergone redevelopment into a Class A logistics facility featuring 36-foot clear heights, 54 loading docks and two drive-in doors.

Cushman & Wakefield’s Gary Gabriel, David Bernhaut Kyle Schmidt and Ryan Larkin represented the sellers in this transaction. “Class A or new construction represents only a fraction of Northern New Jersey industrial market’s overall inventory,” said Schmidt “and it is very seldom available for acquisition.”

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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