PRESS RELEASE: April 13, 2018
Sitar Realty Company, Iselin, New Jersey announced the following real estate sale transactions:
The purchase of a 63,000 sq. ft., 451-unit self-storage facility at 130 Franklin Street, Warren, Rhode Island by Storage Acquisition Group from Warren Self Storage. The purchase price was $7,477,025. William Sitar Jr. and John Cranley were the salespeople in this transaction.
The sale of two 5,000 sq. ft. retail buildings at 95-97 Broad Street and 137-139 Broad Street in Red Bank, New Jersey from Van Johnell Realty Corp to Redwood Manager, LLC. The purchase price totaled $3,572,500. Joseph AmecAngelo was the salesperson in this transaction.
The sale of a 3,400 sq. ft. retail/office building at 1989 Route 88, Brick, New Jersey from Sportelli Family Trust to Nikran Properties, LLC. The sales price was $540,000. Helena Loelius and Brian Schrader were the salespeople in this transaction.
The sale of a 3,500 sq. ft. office building at 5211 Highway 33 & 34, Wall, New Jersey from Saclieb LLC to Herman Road Properties, LLC. The sales price was $475,000. Helena Loelius was the salesperson in this transaction.
The sale of a 4,000 sq. ft. office building at 5 Allison Drive, Cherry Hill, New Jersey from Local Union 825, International Union of Operating Engineers to Sunp Biotech, LLC. The sales price was $400,000. Joseph Allegro and William Sitar Jr. were the salespeople in this transaction.