Cushman & Wakefield arranges $5.2M sale of mixed-use property in Livingston

Cushman & Wakefield on Friday said it arranged the sale of a 27,252-square-foot, mixed-use property located at 107 E. Mount Pleasant Ave. in Livingston. The final sale price was $5.2 million.

Cushman & Wakefield’s Andy Schwartz, Brian Whitmer, Jordan Sobel and Andre Balthazard represented the seller, ACFM Corp., in the transaction. The property was acquired by HREA LLC.

“This uniquely positioned property features a mix of retail and small office tenants, a market category that has seen strong demand in recent years,” Schwartz said. “Located in the desirable Livingston neighborhood, the property boasts exceptional visibility with 221 feet of frontage on East Pleasant Avenue.”

Situated on 2.3 acres, the property features a two-story building with retail tenants on the ground floor and office tenants on the second floor. The property is 100% occupied and features 221 feet of frontage on East Pleasant Avenue.

The property is located in the heart of Livingston, near Interstate 280, providing easy access to the surrounding areas.