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The Abbey Sells for $6M

Investor Acquires 20,000-SF Office Bldg. in Morristown
February 26, 2009
The Abbey in Morristown, NJ, sold for $6 million, or $300 per square foot, in a sale between private investors.

The two-story, 20,000 square-foot office building at 355 Madison Ave. was built in 1904 in the Morristown Region submarket.

Toby Nelson and Peter Blanchard of The Garibaldi Group represented the seller.

For more information, please refer to CoStar COMPS #1649266.

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