Login

Russ Berrie Sells Cranbury Facility to TA Associates

Toy Manufacturer Enters $31.8M Sale-Leaseback for Middlesex County Industrial Bldg.
By Autumn George
March 19, 2007 | 1:34 P.M.

Russ Berrie & Co. sold its Cranbury Industrial Building at 2520 Route 130 in Cranbury to Boston-based TA Associates Realty for $31.8 million, or approximately $60.50 per square foot. As part of the deal, toy maker Russ Berrie & Co. will leaseback approximately half of the facility for an undisclosed term.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE