Liberty Property Trust Buys One Truman Dr South in Edison, NJ

Liberty Property Trust paid an undisclosed price for a 369,313-square-foot warehouse and distribution facility at One Truman Dr. South in Edison, NJ.

The sellers, Cohen Asset Management, Inc. & J.P. Morgan Asset Management, bought the property just a little over two years ago.

Built in 1978, the industrial facility is 100% leased to Midwest Air Technologies, Inc. It features 24-foot ceilings, 40 dock doors, six drive-in doors and an expansive paved parking area.

Brian Fiumara, Michael Hines, Brad Ruppel and Lauren Dawicki of CBRE National Partners represented the sellers. CBRE executive vice president Thomas Monahan assisted with the sale.

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