Mid Atlantic Real Estate Journal — The Best of 2011 — March 16 - 29, 2012 — C
www.marejournal.com
The Largest Industrial Sale of 2011 NAI James E. Hanson 200 Central Avenue — $14 Million — Cushman & Wakefield iPort 12 International Trade ROCK Commercial Real Estate 515 Zarfoss Drive — $8.075 Million —
& Logistics Center — $57 Million —
200 Central Avenue in Teterboro, NJ
Carteret, NJ Size (square footage/acreage) : 1,264,733 s/f Broker(s): Andrew Merin, Paul Torosian, Gary Gabriel, and David Bernhaut The Cushman & Wakefield Metropolitan Area Capital Markets Group sold iPort 12 Interna- tional Trade & Logistics Center from Panatoni to KTR. It is the most significant industrial development in Northern New Jersey in over 10 years. Construction was completed on this trophy project in the fourth quarter of 2007 and consists of two buildings of 1,064,515 and 200,218 square feet. It is located on 70 acres (net of wetlands) in Carteret, NJ.
NAI James E. Hanson announced the sale of 125 and 200 Central Avenue, a 210,009 s/f industrial complex in Teterboro, NJ. Sitex Realty Group, LLC purchased the site. A 104,213 s/f, 125 Central Avenue has 9,640 s/f allocated for office space, a 42-foot ceil- ing height and 19 loading docks. A 105,796 s/f facility, 200 Central Avenue has 4,418 s/f of office space and 25 loading docks. NAI Hanson senior VPGary Sauerborn and VPs Jeffrey DeMagistris and Thomas Vet- ter represented the owner, John Landers, ESQ, of the Marschall Warehouse Co., in this transaction.
515 Zarfoss Drive in York, PA
Size (square footage/acreage):309,900 s/f 26.81 acres Broker(s): David Bode, CCIM
Building amenities include: 50x50 column spacing, 28 docks w/ insulated seals & electric-hydraulic self level- ing loading ramps, emergency generator & more.
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Andrew J. Merin, Vice Chairman 201-460-3358 David W. Bernhaut, Vice Chairman 201-460-3356 H. Gary Gabriel, Exec. Vice President 201-460-3352 Brian J. Whitmer, Senior Director 201-508-5209
ROCK Commercial Real Estate, LLC, Susquehanna Commerce Center West 221 West Philadelphia St. Suite 19, York, PA 17401-2992 717-854-5357 Fax: 717-854-5367 www.rockrealestate.net
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