NAI Hanson Brokers Sale of Class A Rockaway Warehouse Facility
NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that firm has completed the sale of 301 Roundhill Drive, a 50,000-square-foot warehouse property in Rockaway, N.J. The acquisition price was $5.34 million.
Built in 1992 and completely renovated in 2008, the Class A warehouse structure has 30-foot ceilings. It is 100-percent occupied with one drive-in and six exterior loading docks. Approximately 105 free surface parking spaces are available.
NAI Hanson Vice President Barry Cohorsky represented the buyer, Roundhill Acquisition, LLC. The seller, Roundhill Realty, LLC, was represented by Robert Donnelly Jr. of Cushman & Wakefield of New Jersey. The new ownership plans to use the site for the warehouse and distribution of cheese and dairy products.
“Because this building was previously used as a refrigerated ice cream factory for Edy’s, it has all of the necessary infrastructure in place,” Cohorsky said. “It was the perfect choice for our client’s similar food-service business.”
About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 350offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.