www.marejournal.com Mid Atlantic Real Estate Journal — Industrial / Distribution Centers — May 25 - June 7, 2012 — 3B I NDUSTRIAL R EAL E STATE & D ISTRIBUTION C ENTERS By Jonathan Glick, Sheldon Gross Realty, Inc. In the past 365 days Sheldon Gross Realty has brokered 27 deals totaling 342,056 s/f S “While the activity is not as brisk for purchasing there is definite interest by companies who forsee owning a facility in the near future. Hopefully, If the positive business trends we are experiencing continue this will translate into more sales transactions. ” ince the third quar- ter of 2011 Sheldon Gross Realty has been
term tenants. In addition, we represent 12 properties For Sale totaling 391,658 s/f of RBA valued at $28,124,000. While the activity is not as brisk for purchasing there is definite interest by com- panies who forsee owning a facility in the near future. Hopefully, if the positive business trends we are ex- periencing continue this will translate into more sales transactions. Jonathan Glick is ex- ecutive vice president of Sheldon Gross Realty. ■
experienc- ing an ever increasing vo lume o f interest in the proper- ties they are marketing. In the past 3 6 5 d a y s S h e l d o n
Our listing at 113 route 46 (Willow Square Mall) in Wayne has to be one of our most active retail listings. 8 months ago we had very little interest and now we have leases out on a majority of the spaces with back up
offers in place. In Middlesex County we have 2 50,000 s/f warehouse buildings on the market for more than 2 years each 17 Kimberly Road, East Brunswick and 3 Taylor Road, Edison have have now been leased to long
60 available spaces for lease totaling 991,158 s/f. Most of our properties available for lease have offers and believe that most will be completed this quarter. This holds true for all the sectors we service; retail, office and industrial.
Jonathan Glick
Gross Realty has Brokered 27 deals totaling 342,056 s/f. Currently we represent Willco aquires 285,000 s/f flex/ industrial portfolio POTOMAC, MD — In one of the Washington metro- politan area’s largest indus- trial portfolio acquisitions this year, a partnership led by Willco Companies of Potomac has acquired approximately 285,000 s/f of flex-industrial space at Montgomery County Air- park in Gaithersburg, MD for $30 million. The sell- ers, Zarpas 1 through 5 Limited Partnerships, were represented by the Wash- ington, DC office of Jones Lang LaSalle. BB&T Bank provided financing for the acquisition. ■
Bigger isn’t always better.
We Have The Perfect Location For Your Business
You don’t need a large brokerage firm. You need a firm which understands your business and real estate needs and can give you personal service and attention.
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SHELDON GROSS REALTY, INC. 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
FAIRFIELD – FOR LEASE WAREHOUSE – MANUFACTURING – OFFICE EXCELLENT HIGHWAY VISIBILITY 29,000+/- square foot free-standing building. Industrial park setting. Excellent location with immediate access to Route 46 and close to Routes 80 and 280.
Industrial R.E. & Distribution Ctrs.
a section of the MARE Real Estate Journal P.O. Box 26, Accord, MA 02018
WAYNE – RETAIL CENTER ROUTE 46 FRONTAGE
FAIRFIELD – FOR LEASE
OFFICE SPACE – HIGHWAY VISIBILITY
Units available from 1,778 square feet to 20,000 square feet. Ample parking. Excellent location with direct frontage on Route 46 west..
8,426 square feet space available on 1st floor / 4,500 Square feet unit available on 2nd floor Multi-tenanted 60,000 +/- square foot building. Business park setting with ample parking. Very attractive rental rate. Will divide and finish to your specifications.
Across from Willowbrook Mall.
781-871-5298 • 800-584-1062
fax 781-871-5299
www.marejournal.com
Publisher/CEO Linda Christman lchristman@marejournal.com Publisher Michael Campisi mcampisi@marejournal.com Publisher Elaine Fanning efanning@marejournal.com
PERTH AMBOY – FOR LEASE
FAIRFIELD – FOR LEASE – NEW TO MARKET WAREHOUSE/DISTRIBUTION SPACE 93,612+/- square feet with 3,500 square feet of office. Tailgate loading with 21-24 foot clear ceilings and abundant parking.
EXCELLENT LOCATION – GREAT VISIBILITY 7,500 square feet available. Free standing building. Great location for Medical or Professional Offices . Convenient access to Garden State Parkway and Route 440
Ample parking with partially fenced lot.
Excellent location.
For information on these or other New Jersey properties please contact Sheldon Gross Realty, Inc. at 973-325-6200 or see our website at www.sheldongrossrealty.com
Section Editor Karen Vachon kjoy@marejournal.com
The information contained herein has been obtained from sources considered reliable, but no guarantee of its accuracy is made by this company. Subject to errors, omissions or withdrawal without prior notice.
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