Interra Realty, which brokered the transaction, reports the 150 Fullerton property sold for approximately $10.6 million, which registered at $425,400 per unit.

The project at 100 Ridge Road was a former Union Carbide operated site for nearly 80 years and employed thousands of employees at its pinnacle.

Year-over-year average rents jumped 5% to $41.11-per-square-foot. Buildings with the largest rent hikes include 800 Brickell, which went from $42-per-square-foot to $47-per-square-foot during the same period.

State officials note that Amazon plans to invest more than $30 million in the new facility and the project will create approximately 800 new, full-time jobs at the property in Findlay Township.

Phase three will consist of four new buildings, totaling 918,972 square feet, and will be the final construction phase at the 225-acre, master-planned Bridge Point North campus that Bridge has been actively developing since 2015.

The "Steel Topping Out" ceremony featured the placement of the final exterior steel beam atop the 1-million-square-foot frame of the brand-new terminal at Newark Liberty International Airport.

The property is zoned for industrial use with a range of proposed uses including office, warehouse, fabrication and more.

Glenmont Capital Management and Arlington Properties sold the Class A community, which they developed in 2017, to an undisclosed buyer.