Real Estate Journal — March 11 - 24, 2016 — 3A


M id A tlantic

M id A tlantic R eal E state J ournal Featuring 200 parking spaces &14,311 s/f of office space NAI Hanson inks sale of 219,304 s/f industrial building



B LAUVELT, NY — NAI James E. Han- son , a leading New Jersey-based full-service independent commercial real estate firm, announces the sale of a 219,304 s/f in- dustrial building located at 615 Route 303 in Blauvlet, NY. NAI Hanson’s team of Scott Perkins , Andrew Somple , and Christopher Todd represented the owner, Direct Invest, LLC in the sale to the current tenant, Advanced Distributions Sys- tems (ADS). With ADS considering oth- er options, NAI Hanson was hired by Direct Invest to find another occupant. “As soon as the building hit the mar- ket, we had 20+ showings within the first month” said Somple. “These showings in- cluded both users and inves- tors” Somple continued, “We know we had an interesting opportunity to promote, but were pleasantly surprised as to the high level of attention this building received.” The building offers 20’ ceil- ings, 12 loading docks with one drive-in, 200 parking spaces, and features 14,311 s/f of office space. Prior to the

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acquisition, ADS had been leasing the space as one of its six facilities located through- out northern New Jersey and southern Rockland County New York. The acquisition allows ADS to continue to serve its customers’ needs from a strategic location that provides easy access to local highways and transit routes while providing a full suite of distribution services to a wide array of industries

including cosmetics, health and beauty, and fragrance. “Having leased the build- ing for several years, ADS knew the unique advantages it provided including a su- perior location and a large footprint that meets all of their distribution needs,” said Perkins. “The building’s size was a major selling point since there is a lack of supply for larger industrial build- ings in the marketplace.” n


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