NAI Hanson’s Perkins and Todd Negotiate 23,200-Square-Foot Industrial Sale in Fairfield, N.J.
Fairfield, N.J. (May 2, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces it has brokered the sale of a 23,200-square-foot industrial building at 8 Kulick Road in Fairfield, N.J. NAI Hanson’s Scott Perkins, SIOR, and Chris Todd represented the seller, Kulick Eisenberg, L.P., and Garden State Realty represented the buyer, 8 Kulick Road, LLC, in the transaction.
The property was purchased by an affiliate of Saddleback Realty II, LLC, a New Jersey based commercial real estate development and management company, as an investment property. Currently occupied by Solbern, a leading manufacturer of food processing equipment, and located directly off Route 46 with easy access to Interstate 80, the space provides the new owner with an ideal value-add investment opportunity in a highly desirable location.
“8 Kulick Road is a great property in the Fairfield industrial submarket, which is one of the most dynamic markets in the state due to its ease of access to Interstate 80 and New York City,” said Perkins. “The buyer has considerable experience in this market and was interested in adding another value-add investment property to their portfolio. With full occupancy and an ideal location, this was a perfect opportunity for them. Their strong desire to purchase this space ensured that we were able to easily close this deal on behalf of our client.”
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