Large New Jersey industrial deal closes

Weichert Commercial Brokerage today announced the sale of a 128,000-square-foot industrial building in Neptune City, N.J.

An unidentified buyer paid approximately $8.7 million for the property, which is located at 211 W. Sylvania Ave.

At the time of sale, the building was occupied by a single tenant with seven years remaining on its lease.

The seller's identity was not disclosed.

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