CBRE Negotiates $26.7 Million Sale of Retail Center in Morris Plains, New Jersey

by Alex Tostado

Morris Plains, N.J. — CBRE has negotiated the $26.7 million sale of a retail center in Morris Plains, New Jersey.

Located at 245 Littleton Road, a 67,449-square-foot Stop & Shop anchors the center. Jeffrey Dunne, David Gavin, Jeremy Neuer and Travis Langer of CBRE represented the seller, JDA Development Co., in the transaction. The buyer was Oak Street Real Estate Capital. 

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