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Cushman & Wakefield arranges $6 million sale of NJ cold storage site

The 0.81-acre facility at 609 10th St. in Union City, New Jersey, spans 33,515 square feet.

Reported · Written up by our desk · Industry

Cushman & Wakefield arranged the $6 million sale of 609 10th St., an industrial and cold storage facility in Union City, New Jersey, according to ConnectCRE.

The brokerage team, led by Andrew Schwartz, Jordan Sobel, André Balthazard and Dan Bottiglieri, represented both the seller, 10th St Realty, LLC, and the buyer, PanRaj Holding, LLC.

In a quote carried by ConnectCRE, Sobel said the property offered an owner-user acquisition opportunity in a supply constrained location minutes from Midtown Manhattan, highlighting the site’s infrastructure, functional layout, and connectivity to the New York Metro region.

The property sits on a 0.81-acre site and includes 33,515 square feet, per ConnectCRE.

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