Tuesday 27 October 2020

KABR sells New Jersey building for reported $60M

A New Jersey office building acquired at a deep discount during the Great Recession sold in the middle of the pandemic — and reportedly for a premium. The KABR Group, a New Jersey-based private equity real estate firm, announced Tuesday that it sold a 233,000-square-foot building at 85 Challenger Road in Ridgefield Park, New Jersey, to Asia Investment Management, which is based in Seoul, South Korea. KABR will continue to manage the building on behalf



source https://therealdeal.com/2020/10/27/kabr-sells-new-jersey-building-for-reported-60m/

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