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Transactions - FEBRUARY 28, 2024

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JLL’s capital markets team completes sale of 216,000sf industrial warehouse

by RELEASED

JLL Capital Markets announced that it arranged the sale of 152 Ridge Road in South Brunswick Township, N.J., to Invesco Real Estate.

The building consists of a 216,000-square-foot, cross-dock warehouse facility featuring 33 loading doors and 30-foot clear heights. Built in 1991, the property is 100 percent leased to a full-service, third-party logistics company that specializes in shipping via coast-to-coast LTL (less than truckload), full truckload and intermodal.

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