In yet another case of institutional investors turning to real estate in Newark, New Jersey, the 1.1 million-square-foot former Ballantine Brewery -- a landmark in the city's Ironbound section -- was sold for $61 million to Turnbridge Equities and JPMorgan Asset Management.
Former Ballantine Brewery Sells for $61 Million
Turnbridge Equities, JPMorgan Plan to Reposition the New Jersey Property
By Linda Moss
CoStar NewsJanuary 31, 2019 | 9:34 P.M.
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IN THIS ARTICLE
- Properties
- Newark Distribution Center
397 Ferry St, Newark, NJ