MORRISTOWN, NJ—E&H Members, a Brookville, NY limited liability company, has acquired the 22,000-square-foot Whole Foods grocery store at 110 Washington Street in Morristown, NJ. The sale price was not disclosed.
The building had been owned by SWP Investments I, according to Real Capital Analytics, a proprietary research database, which also reports that SWP Investments I refinanced the property in July 2016 with Affinity Federal Credit Union for $7.5 million.
NAI Hanson's Scott K. Perkins, SIOR, Greg James and Chris Todd represented the buyer in the sale. The building is fully leased to Whole Foods with a long-term agreement in place.
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