THE BLAU & BERG COMPANY ARRANGES SALE OF 2-PARCEL, 1.6 ACRE PROPERTY IN HILLSILDE, NJ TO SOLOMON BUILDERS
SHORT HILLS, NJ, April 1, 2019 – 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 a 2-parcel, 1.6-acre property located at 591 N. Union Avenue, Hillside, NJ, to Solomon Builders. Brad P. Jacobs, Director, and Tamara J. Blau, Director of The Blau & Berg Company jointly represented the landlord and the buyer in the transaction.
Solomon Builders, a regional real estate company that specializes in land entitlements, design, construction, asset management and sales, purchased the property due to its ideal location on the 142C off ramp of the Garden State Parkway, offering proximity to I-78, Route 22 and Newark Liberty International Airport. The 1.6-acre lot has daily passing car counts exceeding 250,000.
Construction of a 145,000 SF CubeSmart, a modern, Class A self–storage facility, is currently underway on the property.
Brad P. Jacobs noted, “It was a pleasure working the team at Solomon Builders to bring this project to fruition. The visibility on the Garden State Parkway for their new six-story CubeSmart facility will make it an area landmark.”
About The Blau & Berg Company
The Blau & Berg Company (www.blauberg.com) was founded in 1932 and holds a leading position in the New Jersey and Tri-State commercial real estate market. Headquartered in Short Hills, New Jersey, The Blau & Berg Company is an independent, full-service commercial real estate brokerage firm, providing expert and personalized services in industrial, office and retail real estate, including: site selection, acquisitions, dispositions, leasing, tenant representation, portfolio sales, asset repositioning, and property & construction management.