C&S New Jersey DC Sold
NEW BRUNSWICK, N.J. -- A 301,626-square-foot building here being used as a distribution center by Keene, N.H.-based C&S Wholesale Grocers has been sold. In a deal for about $16.8 million, an unnamed buyer purchased the building from the Hampshire Companies, based in Morristown, N.J.
The warehouse sits on 18.4 acres of property, which is fully leased to C&S and is close to the New Jersey Turnpike. The modern, single-story, 24-foot clear-ceiling-height building is currently used by C&S as a regional distribution hub. C&S customers in the metro New Jersey area include A&P and Pathmark.
The seller in the deal was represented by the CB Richard Ellis New York Tri-State investment team of Jeffrey Dunne, Steven Bardsley, and Jeffrey Oram, who procured the buyer, according to the firm.
THE ABOVE IS A CORRECTED VERSION OF THE STORY THAT RAN EARLIER AND WAS INCLUDED IN THE ONLINE NEWSLETTER FOR AUG. 9.
The warehouse sits on 18.4 acres of property, which is fully leased to C&S and is close to the New Jersey Turnpike. The modern, single-story, 24-foot clear-ceiling-height building is currently used by C&S as a regional distribution hub. C&S customers in the metro New Jersey area include A&P and Pathmark.
The seller in the deal was represented by the CB Richard Ellis New York Tri-State investment team of Jeffrey Dunne, Steven Bardsley, and Jeffrey Oram, who procured the buyer, according to the firm.
THE ABOVE IS A CORRECTED VERSION OF THE STORY THAT RAN EARLIER AND WAS INCLUDED IN THE ONLINE NEWSLETTER FOR AUG. 9.