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$7.9M Sale Finalized For NJ Medical Office Building
A North Jersey medical office building has sold for $7.9 million, JLL Capital Markets announced Thursday, June 11.
The 37,770-square-foot building, known as 601 Hamburg, was sold by March Associates to Pinnacle Group of Hudson Valley, according to JLL. The three-story property was developed in 2002 by March Associates, which has used part of the building as its corporate headquarters since then.
The building is 97 percent leased outside of March Associates, mostly to medical tenants, according to JLL. Tenants include Denville Diagnostics/Star MRI, Wayne Dental Arts and Spectrum Therape…
$1.48M Deal Moves Fire Equipment Supplier Into 6,000-sqft Hackensack Industrial Building
A longtime supplier of fire department equipment is relocating to Hackensack after purchasing an industrial building for $1.48 million, according to the broker.
New Jersey Fire Equipment acquired 163 Liberty St., a 6,000-square-foot industrial building, in a deal brokered by NAI James E. Hanson Vice President Dominic Fittizzi, who represented both the seller, JWC MGT, LLC, and the buyer.
Operating since 1930, New Jersey Fire Equipment supplies equipment and gear to career and volunteer fire departments throughout the state, as well as law enforcement, EMS, industrial, and commercial custome…
$13.75M Deal Closes On Strip Mall With Chuck E. Cheese, AMC: Report
A retail center anchored by AMC Theatres and Chuck E. Cheese in East Hanover has sold for $13.75 million, according to RE-NJ, citing RIPCO Real Estate.
The property at 145 Route 10 spans 70,549 square feet and sits on more than 15 acres along one of Morris County's busiest commercial corridors. The center is fully occupied and also includes GolfTec, Nielsen Dodge Chrysler Jeep, and an AT&T cell antenna tenant, according to a RIPCO marketing package.
The center draws traffic from Route 10, which sees more than 35,000 vehicles per day, according to the offering memorandum. The property in…
$3M Lakefront Estate Designed By Arts & Crafts Legend Lists In NJ
A rare waterfront estate designed by famed American furniture maker Gustav Stickley has hit the market for $3 million.
The six-bedroom, five-bath home at 497 Windemere Ave., on Lake Hopatcong in Mount Arlington, was built circa 1904 as a summer retreat during the lake’s golden resort era, according to the Zillow listing.
Gustav Stickley is widely considered one of the leading figures of the American Arts and Crafts movement, known for his handcrafted Mission-style furniture, architecture, and design philosophy focused on simplicity, quality, and functionality, according to Stickley.com. His…
