152 Ridge Road Update 03/04/24

New Jersey Warehouse Trades for $55M

A large, industrial building, located at 152 Ridge Road in Dayton, New Jersey, has just been sold for $55 million. The structure was purchased by Invesco Real Estate, from an undisclosed previous owner, in a deal brokered by JLL.

Originally constructed in 1991, the 216,000-square-foot structure contains warehousing space for large distribution operations.

The facility features 33 loading dock doors, 30-foot interior clearance heights, a solar panel system on its roof, an ESFR fire sprinkler system, and 125 employee parking spots spread around the property. The building is also conveniently located right near Interstate 95, allowing for easy transportation access.

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