The Blau & Berg Company Negotiates the Sale of ±70,000 SF in Clifton, NJ
THE BLAU & BERG COMPANY NEGOTIATES THE SALE OF ±70,000 SF IN CLIFTON, NJ FOR THE STRO COMPANIES AND B&B IRON WORKS, INC.
SHORT HILLS, NJ, November 14, 2014–The Blau & Berg Company negotiated the sale of 1 Broad Street, Clifton, NJ from The Stro Companies to B&B Iron Works, Inc. The transaction included ±70,000 SF of industrial manufacturing space with drive-in doors. The Stro Companies has many flex and industrial acquisitions in New Jersey, including the Clifton property they have sold to B&B Iron Works, Inc. B&B Iron Works, Inc. specializes in the fabrication of complex structural steel and miscellaneous metal projects. This move provides B&B with a better way to service their customers.
“It was a privilege working with both parties on this transaction. The Stro Companies continues to be a leader in the Northern New Jersey industrial real estate market, while B&B Iron Works more than doubles its capacity to deliver quality products to its customers,” says Alessandro (Alex) Conte, Senior Director of The Blau & Berg Company.
B&B Iron Works, Inc. is coming from 30,000 SF in Irvington, NJ to a location that will increase production and service due to the additional square footage they are gaining. Jason Crimmins, Alessandro (Alex) Conte and Peter Murano Jr. are the exclusive brokers for B&B Iron Works, Inc.’s former location in Irvington, which is currently available for lease or for sale.
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