NAI James E. Hanson Negotiates Sale of Bergen County Industrial/Flex Building for $2.7M
Bergenfield, N.J. (September 19, 2024) – 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.
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 over 325 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Teterboro office at 201-488-5800 or visit www.naihanson.com.