B — June 14 - 27, 2013 — New Jersey — Mid Atlantic Real Estate Journal
www.marejournal.com
N ew J ersey
UMMIT, NJ — NAI James E. Hanson , a leading New Jersey- Ryan represented the ownership NAI Hanson completes sale of fully leased office building S
AVAILABLE FOR LEASE 32,000 ± SF INDUSTRIAL WAREHOUSE SPACE
IMMEDIATE OCCUPANCY: 801 ATLANTIC AVE., EGG HARBOR CITY, NJ 32,000SF Office & Warehouse Space with 2 Loading Docks – Can Load up to 6 Tractor Trailers, and Garage to Store One Tractor Trailer. Office Space Layout Includes: 7 Modern Offices, Kitchen, Separate Men’s & Ladies’ Restrooms, and Common Area. Unit has Private Entrance, Gas Heat, Public Water & Sewer, and On-Site Parking with Additional Fenced-in Trailer Parking Area. Centrally located in Egg Harbor City - Situated Adjacent to Bus Station & Conrail Line between Atlantic City and Philadelphia. Half Block from Route 30, 2 Blocks to Route 50 and 2 Miles to Atlantic City Expressway. NETWORK COMMERCIAL REALTY LLC 950 TILTON ROAD, SUITE 105 NORTHFIELD, NJ 08225 (609) 641-8118 WWW.NETWORKCOMMERCIALREALTY.COM
based commercial real estate firm announced the sale of an approximately 11,400 s/f office building at 469 Morris Avenue, in Summit, N.J. NAI Hanson senior vice presi- dent Thomas Ryan repre- sented the ownership. “A meticulously maintained building, 469 Morris Avenue was a pleasure to show,” Ryan said. “The professional and hands- on approach taken by both seller and buyer helped facilitate the closing of this transaction.”
UNIT INCLUDES 12,000SF FREEZER / REFRIGERATION
For More Information, Contact:
ROBERT L. HORDES
REAL ESTATE BROKER/SALESPERSON (609) 641-8118
WWW.NETWORKCOMMERCIALREALTY.COM
469 Morris Avenue
Located directly across the street from Oratory Prepara- tory School, the three-story building sits on a 1.4-acre tract of land and has abundant park- ing and excellent street vis- ibility. It is located along one of Summit’s main thoroughfares and withinminutes of the Short Hills Mall and Routes 24 and 78. No sales price was disclosed, but it was originally offered at $2.1 million. WD-40 Company, a global consumer products company that markets its products in more than 160 countries world- wide, signed a lease and moved in during the due diligence period, bringing the site to 100- percent occupancy. The demographics of the Summit Market area, as well as NJ Transit Midtown Direct accessibility, continue to make Summit a desirable community in which to both live and work, according to Ryan. “The real estate investment community appears to be com- ing back into the marketplace after an almost five-year hia- tus,” Ryan said. n Mack-Cali sells Somerset County, NJ property Branchburg, NJ — Mack-Cali Realty Corpo- ration has sold a building located at 51 Imclone Dr., for approximately $6.2 million. 51 Imclone Drive is a single tenant, two-story, 63,213- square-foot commercial real estate property. Mitchell Hersh , president and chief executive officer of Mack-Cali, said, “This sale will allow us to continue to execute on our strategy of redeploying proceeds into more strategic growth opportunities.” n
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