Weichert Commercial Negotiates Sale Of 43,100SF In Livingston, NJ
WEICHERT COMMERCIAL BROKERAGE, INC.
WEICHERT COMMERCIAL NEGOTIATES SALE OF 43,100SF IN LIVINGSTON, NJ
MORRIS PLAINS, NJ July 30, 2013 – John G. Udell, President, of Weichert Commercial Brokerage, Inc. is pleased to announce that Senior Vice President David Fisher recently completed the sale of a 43,100 SF flex building.
The property located at 8-10 Microlab Road in Livingston, New Jersey was a former corporate headquarters facility with 26,500 SF of office space and 16,600 SF of manufacturing / warehouse space on 4+ acres. Mr. Fisher represented the seller, JKR Livingston, LLC in the transaction. The buyer, LifeTown, Inc. was represented by Susanne Newmark of Newmark Associates, Inc.
LifeTown, Inc. is slated to build a $13 million state-of-the-art community center “village” on the site. The facility will be designed to serve young adults with special needs
“We are pleased to congratulate David on the closing of this transaction,” stated Udell. “It is especially gratifying to be part of a transaction that will enrich the lives of many people in our state.”
Weichert Commercial Brokerage, Inc. is a leading commercial brokerage company with offices throughout New Jersey and Pennsylvania. Weichert Commercial consistently delivers the highest quality real estate services through its office, industrial, retail, investment, tenant representation and commercial land brokerage divisions. Weichert Commercial is a proud member of the CORE network, a national network of select commercial real estate companies providing a full line of commercial real estate services to its member clients. During the past ten years, NJ Biz Magazine has ranked Weichert Commercial in the top commercial real estate companies in NJ and CoStar Group, Inc. has ranked it in the Top Power Brokers in New Jersey since 2002. For more information about Weichert Commercial Brokerage, call 973-267-7778 or visit the company’s website at www.weichertcommercial.com.