Firms Buy Morris Plains Center for $60.5M

Agus Holdings and PCCP have acquired Briarcliff Commons in Morris Plains for sixty million five hundred thousand dollars from Urban Edge Properties. The joint venture plans to maintain the outdoor shopping center and invest in its quality tenant base.

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Briarcliff Commons strip mall in Morris Plains was sold for $60.5 million.

Agus Holdings and PCCP acquired Briarcliff Commons in Morris Plains for $60.5 million in a joint venture. The outdoor shopping center spans nearly 180,000 square feet along Route 10 in the United States. The transaction transfers ownership from Urban Edge Properties.

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