Written By Joshua Burd, Published on RE-NJ.com
An investor has acquired a 24,000-square-foot industrial building in Hudson County for more than $1.6 million, in a newly announced deal by Deugen Realty Group. The firm said the buyer, whose name was not disclosed, completed the deal at 6101 Fillmore Place in West New York as part of a 1031 like-kind exchange. The all-cash, $1.61 million transaction closed in 35 days. Kristian Cichon of Hoboken-based Deugen Realty Group represented the buyer, while Colby Piper of Ripco Real Estate represented the seller.