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One Heller Park Lane is Latest Assignment Win for Cassidy Turley

05/09/2012

SOMERSET, NJ (MAY 9, 2012)– Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that it has secured an assignment to sell or lease 1 Heller Park Lane in Somerset, N.J. Set on 27 acres of land, the 324,337-square-foot property is comprised of a 296,337-square-foot main building and a 28,000-square-foot auxiliary building.

Cassidy Turley Executive Vice President Charles Fern and Associate Vice President Jason Barton are handling the assignment for the owner, Heller Industrial Parks, Inc.

A former home for Kids “R” Us and Sixth Avenue Electronics, the vacant site offers:

  • 24-foot ceiling height,
  • 110 loading docks,
  • Four drive-in doors
  • 2,000 amps/480-volt electric service.
  • Up to 70,000 square feet of space can be sub-divided,
  • Available office space,
  • 7 acres of outside area for trailer storage

Located in Central New Jersey just minutes from I-287, the property boasts convenient access to numerous roadways including I-78 and I-95, mass transportation, the Port of New Jersey-New York, and Newark Liberty International Airport.

“It’s quite rare that a vacant property of this size, in this strategic location, becomes available, so it provides a tremendous opportunity for the right investor or tenant,” said Fern. “We anticipate interest from a wide spectrum of prospects including high-end distribution providers in the food and apparel industries and pharmaceutical companies, among others.”

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $18 billion in 2010, manages 455 million square feet on behalf of private, institutional and corporate clients and supports more than 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets.  Please visit www.cassidyturley.com for more information about Cassidy Turley.

05/09/2012 - 14:55

Source

DTZ

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