SHORT HILLS, NJ, August 14, 2017
The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, recently brokered the sale of two industrial properties in Newark, NJ to Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. Alex Conte, CCIM, SIOR, Jason Crimmins, CCIM, SIOR, Kenneth F. Crimmins, CCIM, SIOR and Peter J. Murano, SIOR of The Blau & Berg Company were the procuring brokers representing the buyer and seller in the transactions.
The first property, located at 178 Stockton Street, is a 7.2 acre improved land parcel with easy access to U.S. Routes 1 and 9, the port and New York metropolitan areas. The property is also less than one mile from I-78, Exit 14 of the New Jersey Turnpike and Newark Liberty International Airport. The second property, a 10.6 acre improved land parcel located at 422-470 Frelinghuysen Avenue, is located across from Newark Liberty International Airport in close proximity to U.S. Routes 1 and 9, I-78, and the New Jersey Turnpike. Both properties are currently available for lease and represented by The Blau & Berg Company. Read More (PDF)