CB Richard Ellis represented RREEF in the acquisition of a 238,779-square-foot industrial building in Jersey City, N.J.

Neither the value of the transaction nor the seller’s identity was disclosed.

Situated in the Port market, the property is a warehouse, distribution and assembly facility located at 112 Port Jersey Blvd.

RREEF, a U.S. based real estate investment manager, is a division of DB Real Estate, the real estate investment management group of Deutsche Asset Management.

Los Angeles-based CB Richard Ellis Group Inc. provides commercial real estate services worldwide.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top