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CBRE Negotiates $12.7M Sale of Industrial Flex Property in Rockaway, New Jersey

Summary by REBusinessOnline
ROCKAWAY, N.J. — CBRE has negotiated the $12.7 million sale of Pine Street Commons, an industrial flex property in Rockaway, located just west of New York City. The property consists of six buildings on a 17-acre site. Charles Berger and Jeffrey Babikian of CBRE represented the seller, an entity doing business as Pine Street Commons LLC, in the transaction. The team also procured an undisclosed private investor as the buyer. Pine Street Commons …
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REBusinessOnline broke the news in on Wednesday, July 30, 2025.
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