Hillside, N.J. (March, 2016) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces it has brokered the sale of a 3,200-square-foot industrial building in Hillside, New Jersey to Black Star Holding, LLC. The NAI Hanson team of Russell Verducci and Eric Demmers represented the seller, Woodhaven Lumber & Millwork, Inc.
The one-story garage building is located at 530 Bloy Street and features masonry block construction with 10’ ceilings, one 10 x 10 drive-in, a roll-up door, and a new roof. The property offers a great corner location and immediate access to Route 22 and I-7. The buyer intends to use the property to store materials and vehicles.
“The great corner location and masonry block construction made this an ideal opportunity for the buyer who was looking for more garage space,” said Verducci. “The building lends itself quite well for an owner occupied rehab, bringing more value to the community by keeping this industrial building in use within Hillside, while adding value to Bloy Street with a more updated facility.”
Menza Realty represented the buyer in the transaction.
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About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with 400 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.