Riverworks Partners as owners of the 10,000/SF condo unit, sold their ownership portion to a regional investment group. The existing occupant, Minno and Wasko, signed a long term lease back on the space. The sold portion represents only 25% of the total project, which also has space available from 2500-30,000/SF, suitable for a wide range of uses. A ‘ready to go’ space exists for gym, work out or similar. Also, open offices, flex and warehouse space. William Barish assisted all parties throughout the transaction.
Lambertville Sale-Lease Back closes
