Net-Leased Home Depot Fetches $34M,New York News
Newmark arranged the sale of an off-market Home Depot for $34 million. The single-tenant, 120,000-square-foot ground-leased building at 75 McLean Blvd. in Paterson, NJ. The firm’s Irvine, CA-based Matt Berres and Samer Khalil cooperated with colleague Steven Schultz to represent the seller, a private family office. The undisclosed, institutional buyer was represented by an outside firm.
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