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Majority of Youth Consultation Services’ Portfolio Trades in Sale-Leaseback Deal

Commercial brokerage firm CBRE reported the transaction involved the purchase of seven buildings totaling approximately 82,000 square feet by one buyer in a sale-leaseback deal, while two other buildings that had recently been vacated by YCS were acquired by two separate purchasers.

260 Broadway in Newark was one of the properties that changed hands. 260 Broadway in Newark was one of the properties that changed hands.

SADDLE BROOK, NJ—Social services organization Youth Consultation Services has sold a portfolio of nine buildings in New Jersey to three different buyers for a total sale price of $8.27 million.

Commercial brokerage firm CBRE reported the transaction involved the purchase of seven buildings totaling approximately 82,000 square feet by one buyer in a sale-leaseback deal, while two other buildings that had recently been vacated by YCS were acquired by two separate purchasers.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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