Tag:
Commercial Property
Fairfield, NJ
Real Estate
$8.7M Fairfield Industrial Site Sells In Fiercely Competitive Bidding War
A highly sought-after industrial property in North Jersey has sold for $8.74 million, following intense competition among buyers, commercial brokers said. The 3.35-acre site, located at 8 Evans St., in Fairfield, includes a 28,000-square-foot warehouse and valuable industrial outdoor storage, according to NAI James E. Hanson. The property sits just off Route 46 with direct access to Interstates 80 and 280, making it one of the most functional industrial offerings in the Fairfield submarket, the firm said. “Our client was in a strong position given the unique utility and location of the asse…
Clinton, MD
Police & Fire
Massive Pre-Dawn Fire Shuts Down Rail Service, Damages Commercial Site In PG County
A massive pre-dawn fire tore through a commercial property in Maryland on Monday, shutting down rail traffic and sending thick smoke across the area as crews battled the blaze for hours. Firefighters were called at 4:23 a.m. on Monday, Nov. 17, to the 2000 block of Kenilworth Avenue in Tuxedo, where an outside fire had already pushed deep into a commercial building and several trailers, Prince George’s County Fire/EMS said. With strong winds and heavy fire conditions, a second alarm was ordered, sending dozens of firefighters to the area. Crews poured water onto the burning structures as sm…
Westfield, NJ
Real Estate
100-Year-Old Property Across From Westfield Train Station Sells For $5M
A 100-year-old office building steps from a New Jersey train station has sold for $5 million, the real estate firm announced. The two-story property at 1 Elm St. in Westfield spans 10,369 square feet and is fully occupied by tenants including Keller Williams Premier Properties, McLaughlin & Stern Law Firm, and Arnhem Inc., according to Marcus & Millichap. Built in 1922 and renovated in 2018, the site sits directly across from One Westfield Place, a large-scale mixed-use project under construction. “Investment in transit-oriented assets in premier New Jersey downtowns remains …
Newark, NJ
Police & Fire
Newark Warehouse Manager Set Fire In Boonton To Conceal Theft: Prosecutor
A 45-year-old Newark man was arrested and charged on Monday, Jan. 13 with setting fire to a warehouse he managed in Boonton last November, authorities said. At 8:13 p.m. on Sunday, Nov. 3, first responders were at 95 Fulton St. for a commercial warehouse fire, Morris County Prosecutor Robert Carroll, Chief of Detectives Robert McNally, and Boonton Police Officer-In-Charge Captain Chris Petonak said. The two-alarm fire was observed in the warehouse area, as well as a separately secured area leased by a pharmaceutical supply company, authorities said. An investigation det…
Newark, NJ
Police & Fire
Two Injured In Four-Car Crash: Newark PD
Two people were injured in a four-car crash in Newark on the morning of Tuesday, June 11, authorities said. At 10:59 a.m., police responded to a four-car crash at Lyons Avenue and Leslie Street, Newark Public Safety Director Fritz Fragé said.. Two people were transported to a nearby hospital for complaints of pain, Fragé said. One of the vehicles in the crash was parked and pushed against the closed gate of an unoccupied commercial property, Fragé said. All drivers remained on scene and the crash remains under investigation, Fragé said.
North Hunterdon, NJ
Real Estate
Phillipsburg Hot Dog Shack Days Away From Auction
A Phillipsburg business site once renowned for its hot dogs is headed to auction. Bidding ends for 857 Rt. 22 — known as the beloved Toby’s Cup since the 1940s — at 1 p.m. on Thursday, Dec. 14. The commercial property sits on .63 acres of land with public sewer and water, its LoopNet listing says. It has a high-visibility location and is also zoned for residential, retail, and office space. The Phillipsburg staple was sold to Livingston native Daniel Risis in early 2020 after its previous owner, James Nicnick, worked there for more than three decades, Daily Voice reported. The auction is …
Mahopac, NY
Real Estate
258-Acre Former IBM Property For Sale In Hudson Valley
A massive 258-acre campus that once was occupied by IBM in the Hudson Valley has been put on the market. McGrath Realty announced that the former IBM facility in Kingston, which was first built in the 1950s, is up for sale, “offering plenty of opportunities” for a potential buyer. “The property was built in the 1950s by IBM,” realtors said. “What IBM built and left behind is a level of infrastructure that would be difficult to replicate and that is more than sufficient for any contemporary use. “The site’s ample supply of power, water, fiber communications trunks, and other industrial-grad…
