JLL Capital Markets successfully completed the sale of 100 Tormee Dr., a 90,008-square-foot office building in Tinton Falls, NJ for $14.75 million. The property was marketed by a team led by senior managing directors Jeremy Neuer and Jose Cruz and senior analyst Pranav Patel on behalf of the seller. The buyer, Rockford Holdings, was also procured by the team.
Located in Monmouth County near the Garden State Parkway, 100 Tormee Dr. was built in 2001 and has maintained full occupancy due to its exceptional infrastructure featuring high power capacity and fiber connectivity.
Neuer commented on the challenges of closing an office transaction in this market but praised both parties for their cooperation throughout the process. He also expressed excitement about future collaborations with seller Steve Makowsky and his Rockford team.
The article highlights how JLL Capital Markets facilitated a successful transaction involving fully leased offices located within Monmouth County.
