In a transaction arranged by CBRE, Dalfen Industrial on Thursday said it acquired 2 Gowing St., an 8,000 square-foot industrial property on 1.25 acres of land in Sayreville. Dalfen, one of the nation’s largest buyers of industrial real estate, is focused on high-quality industrial properties in key markets. It acquired the property for $4.05 million from Florida-based Highpoint Enterprises in an off-market transaction.
The CBRE team of Mark Silverman, Elli Klapper, Liam McGregor and Jeremy Wernick represented Dalfen in direct negations with the seller.
“This property provided our client with a very rare opportunity to acquire a highly coveted IOS asset in one of the most active industrial markets in the country,” Silverman said. “Sayreville is a very attractive submarket for institutional industrial investors, and, with this purchase, Dalfen Industrial continues to grow its footprint in the Industrial Outdoor Storage sector in the Northeast through its partnership with Centerbridge.”
Dalfen Industrial was attracted to the property due to its proximity to New Jersey’s numerous major thoroughfares and international ports, as well as the fact that the site provided IOS opportunities while also having a functional industrial building on site.
