PO Box 706, Allenwood, NJ 08720

Phone: 732-292-6000

Fax: 732-701-3618

LPJ Commercial Sells Shrewsbury Executive Center I & II, Shrewsbury, New Jersey

1040 & 1030 Broad Street 1030-1040 Broad Aerial
1030-1040 Broad Street, Shrewsbury, New Jersey

FOR IMMEDIATE RELEASE

Shrewsbury, New Jersey - Lowe, Priestley & Janda Commercial Real Estate, LLC (LPJ Commercial) completes the sale of twin investment grade office buildings.

LPJ Commercial has announced that Gary Lowe, Managing Member and Broker of Record has completed the sale of the Shrewsbury Executive Center I & II. The twin office building complex totals 114,166 square feet and  are located at 1030-1040 Broad Street, Shrewsbury, Monmouth County, New Jersey. The buildings were purchased by a private investment firm and was sold by American National Insurance Company  The buildings, when purchased was 100% leased to corporate tenants. The buildings on 8.93 acres of land sold for $16,000,000 or $140.14 per sq. ft. Gary represented both the purchaser and seller in this transaction.

About Lowe, Priestley & Janda Commercial Real Estate, LLC (LPJ Commercial); LPJ Commercial is a family owned commercial real estate company headquartered in Monmouth County, servicing central New Jersey. The members of the firm have collectively over seventy years of experience in commercial real estate, specializing in office, industrial and commercial building leasing and sales, and the sale of income producing non-residential properties. 

Lowe, Priestley & Janda Commercial Real Estate, LLC

PO Box 706, Allenwood, NJ 08720

732-292-6000

info@lpjcommercial.com

www.lpjcommercial.com

From the Blog

  • Blockchain Could Shrink Differences in How Public, Private Real Estate Returns Are Measured

    Blockchain Could Shrink Differences in How Public, Private Real Estate Returns Are Measured. Nareit’s Brad Case says blockchain could cut due diligence process from months to days.

  • LPJ Commercial Sells Shrewsbury Executive Center I & II, Shrewsbury, New Jersey

    1030-1040 Broad Street, Shrewsbury, New Jersey FOR IMMEDIATE RELEASE Shrewsbury, New Jersey - Lowe, Priestley & Janda Commercial Real Estate, LLC (LPJ Commercial) completes the sale of twin investment grade office buildings. LPJ Commercial has announced that Gary Lowe, Managing Member and Broker of Record has completed the sale of the Shrewsbury Executive Center I & II. The twin office building complex totals 114,166 square feet and are located at 1030-1040 Broad Street, Shrewsbury, Monmouth County, New Jersey. The buildings were purchased by a private investment firm and was sold by American National Insurance Company The buildings, when purchased was...

  • LPJ Commercial Sells 4814 Outlook Drive, Wall, New Jersey

    4814 Outlook Drive, Wall, NJ FOR IMMEDIATE RELEASE WALL, New JERSEY - Lowe, Priestley & Janda Commercial Real Estate, LLC (LPJ Commercial) completes the sale of an investment grade office building. Mary Beth Priestley, Managing Member and Broker of Record has announced that Gary Lowe has completed the sale of a 57,000 square foot multi-tenanted office building located at 4814 Outlook Drive, Wall, New Jersey. The building was purchased a private investment firm and was sold by Commercial Reality & Resources Corp. It was the last remaining asset owned by CR&R located in the Monmouth Shores Corporate Campus, Wall, New...

Other Pages