The Hub at Metuchen features 79 luxury units and more than 11,000 square feet of retail space. The Hub at Metuchen features 79 luxury units and more than 11,000 square feet of retail space.

METIUCHEN, NJ—Renaissance Properties of Old Bridge, NJ has sold the mixed-use The Hub at Metuchen complex here for $29.6 million.

The deal was reported by JLL Capital Markets, which represented Renaissance Properties in the sale of the transit-oriented development to a private buyer who purchased the asset as part of a 1031 exchange requirement free and clear of existing financing.

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John Jordan

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

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