107 East Mount Pleasant Ave. in Livingston — Courtesy: Cushman & Wakefield
By Joshua Burd
A buyer has paid $5.2 million for a Livingston property with more than 27,000 square feet of retail and office space, brokers with Cushman & Wakefield announced.
In a news release, the investment sales team said it represented ACFM Corp. in its sale of the complex at 107 East Mount Pleasant Ave. HREA LLC purchased the fully occupied, 27,252-square-foot property, which sits on 2.3 acres near Interstate 280.
The Cushman team on the deal included Andy Schwartz, Brian Whitmer, Jordan Sobel and Andre Balthazard.
“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.”