HAMILTON, NJ—Black Creek Group is acquiring 17 Quakerbridge Plaza Drive, a fully leased, 76,220-square-foot industrial warehouse and distribution facility in Hamilton, NJ, from Matrix Development Group for $8.5 million.
Holliday Fenoglio Fowler marketed the property on behalf of the seller. The HFF team included senior managing director José Cruz, directors Marc Duval, Jordan Avanzato and Mark Mahasky, as well as senior managing director Kevin O'Hearn and senior directors Steve Simonelli and Michael Oliver.
“Investor demand is outpacing supply and assets available for sale, thus continuing to drive pricing in this submarket,” says Cruz.
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