Urban Edge Properties has sold a seven-building, 1.22 million-square-foot light industrial portfolio in East Hanover for nearly $218 million, brokers with JLL announced Thursday.
The owner of more than 1.2 million square feet of industrial space in East Hanover is seeking a buyer for the seven-building portfolio, according to brokers with JLL.
Urban Edge Properties has acquired a nearly 190,000-square-foot industrial building in East Hanover, citing its strategy of adding sites with expansion and redevelopment potential.
