7-12-13

Mid Atlantic Real Estate Journal — New Jersey — July 12 - 25, 2013 — 11B

www.marejournal.com

N ew J ersey

Fairfield Corporate Park, Fairfield, New Jersey

ONG VALLEY, NJ — NAI James E. Hanson announced the sale of Represents Hampshire Global Partners in Teterboro lease NAI Hanson represents seller in Long Valley transaction L

FOR LEASE 32,000 Square Foot Industrial Building

a well-maintained industrial/ flex site located at 438 W. Mill Road in Long Valley. The sale price was $440,000. The 5,000 s/f building is situated on a 3.3-acre lot and features 500 s/f of office space, one drive-in loading doors, two bathrooms, a 14-foot ceiling height and approximately 575 feet of frontage. It has a fenced contractors’ yard with storage shed, two heating and cen- tral air conditioning, circular drive, and overhead doors. NAI Hanson sales associate JosephVindigni represented the seller, RODCAB Construc- tion Co., Inc. Buyer Precision Motorsports Racing plans to use the site as a new repair center specializing in Porsche rebuilds and maintenance. “We marketed this property to a specific audience because its attributes are ideal for a buyer in an auto-related busi- ness, contracting or landscap- ing company,” Vindigni said. “The seller was very moti- vated, and this deal represents a change in direction for this valuable property.” TETERBORO, NJ — NAI James E. Hanson announced that it represented the land- lord in an 8,105 s/f medical use lease at 502 Route 46 West in Teterboro. NAI Hanson vice president RonaldAFotiu and executive director of corporate services Michael Walters, SIOR , rep- resented the owner, Hamp- shire Global Partners, LLC . Tenant Total Renal Care, Inc. signed a 15-year lease. “This location is a tenant’s dreamwith excellent visibility and exposure in an accessible highway location, which is also in the heart of an area going through major development,” Walters said. “Additionally, the landlord intends to reno- vate portions of the exterior of the building.” The 14,000 s/f building in- cludes a highly a visible Bank of America retail branch office,

* Warehouse/Manufacturing * 6,000 Square Feet Office – Can be reduced * 20 Ft Ceiling Height / 4 Tailgate Doors / 60+ Car Parking * Attractive rental rates and terms available.

SH E L D O N G R O S S R E A L T Y , I N C . REALTORS Ɣ Corporate Real Estate Services 80 Main Street, West Orange, NJ 07052 Tel.#973-325-6200 - Fax.#973-325-9090 E-mail: sgross@sheldongrossrealty.com

438 W. Mill Road

1,600,000 SF

To Be Built Dayton, NJ (732) 287-4880

Lease with the

Market Leader

205 Mill Road, Edison NJ 08837 (732) 287-4880

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