Bergenfield, N.J. – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 12,000-square-foot industrial/flex building located at 41 Woodbine Street in Bergenfield, N.J. for $2.7M. Vice President Dominic Fittizzi represented the seller, RLR Corporation, in the transaction with the buyer, 160 Belmont, LLC.
Situated on a half-acre lot at the intersection of West Broad Street and Woodbine Street, 41 Woodbine Street is a single-story industrial/flex building spanning 12,000 square feet. The building boasts 12’6’’ clear ceiling heights, two loading docks, 540 square feet of office space, 25 parking spaces and on-site trailer parking. Relocating from New York City, the buyer plans to utilize the space to manufacture signs and trade show materials.
“Although deal flow across the industrial sector has slowed over the past several months, this deal highlights the continued strong demand for well-located and flexible properties in the northern New Jersey market,” said Fittizzi. “I’m proud to have helped our client find an ideal buyer and secure a strong return for this asset.”
For more information on industrial properties for lease or sale, please contact Dominic Fittizzi at 201-478-7476 or dfittizzi@naihanson.com.
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