Trucking firm buys former steel plant property in Boonton, JLL says

Jan 8, 2021 | Deals, Industrial

95 Fulton St. in Boonton — Courtesy: JLL

By Joshua Burd

The owner of a former steel plant in Boonton has sold the 55,000-square-foot property, in a newly announced transaction by JLL.

Brokers with the firm’s Northeast industrial team represented the seller, Erasteel Inc., in its disposition of 95 Fulton St. to J. Supor & Son Trucking & Rigging. The property, which is zoned for light industrial use, changed hands for an undisclosed price.

JLL Managing Director Howard Weinberg completed the assignment, with Team Resources Inc. vice presidents Jeffery Fulton and Jason Levy representing the buyer.

“95 Fulton Street is ideally suited to a wide range of industrial applications thanks to its impressive inbuilt infrastructure,” Weinberg said. “What’s more, its proximity to major transportation routes provides it with extraordinary access to the entire tristate area.”

In a news release, JLL said 95 Fulton sits on 14.2 acres and features five overhead cranes, 11,000 square feet of office space and 112 parking spaces. The complex also has 24- to 40-foot clear ceiling heights, two loading docks and a drive-in door and is minutes from downtown Boonton, providing easy access to interstates 80, 280 and 287.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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