NAI Hanson Negotiates Sale of Industrial Property to Cabinet Manufacturer in Piscataway, N.J.
Piscataway, N.J. (January 14, 2019) – NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces it has negotiated the sale of a 41,700-square-foot industrial building at 727 South Avenue in Piscataway, N.J. to Cavalli Cabinets, LLC. NAI James E. Hanson’s Eric Demmers and Russell Verducci represented the buyer, Cavalli Cabinets, LLC in the transaction with the seller, Deals for Less, LLC.
Located in Piscataway’s emerging industrial hub, 727 South Avenue is a 41,700-square-foot industrial building that offers access to Route 287 and Exit 10 of the New Jersey Turnpike and lies within a 40-mile radius of Newark Airport. Featuring 2,500 square feet of office space, abundant parking, 14’ ceilings, five loading platforms and one drive-in, 727 South Avenue is ideal for a range of industrial uses. As a cabinet manufacturer, Cavalli Cabinets was drawn to the property due to its size and ideal location near major thoroughfares and plans to use the space for kitchen cabinet manufacturing, warehouse and distribution.
“Deals like 727 South Avenue continue to reaffirm that the I-287 corridor is gaining significant interest from companies searching for favorable distribution opportunities amid a consistently competitive industrial market,” said Demmers. “Our significant industrial asset class experience allowed us to work closely with Cavalli Cabinets to secure a suitable property that will serve as a long-term home for their business and position them well for growth.”
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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 400 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Teterboro office at 201-488-5800 or visit www.naihanson.com.