CRANBURY, NJ– Cushman & Wakefield has soldthe Pearson Education industrial facility herethat was owned by Exeter Property Group to aninstitutional investor. The 890,000-square foot facility traded for$98 million.
The property, known as Pearson at 8A, islocated at 258 Prospect Plains Rd., off Exit 8A of the New JerseyTurnpike.
C&W's MetropolitanArea Capital Markets GroupM team of AndrewMerin, Gary Gabriel, David Bernhaut and GraceBraverman represented the seller. The buyer was anunidentified institution advised by Seattle-based BentallKennedy.
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