1767 Morris Ave. in Union — Courtesy: The Boniakowski Commercial Real Estate Group
By Joshua Burd
An investor has purchased a 35,000-square-foot office building in Union Township for $4 million, in a newly announced deal by The Boniakowski Commercial Real Estate Group.
The brokerage firm, which represented JGA Development LLC in its sale, said occupancy at 1767 Morris Ave. had increased to 89 percent. That prompted the sale to a private buyer, which will treat the property as an investment with the intention of upgrading the entire building.
Boniakowski Senior Vice President Todd Gannet and Sasha Berg of GFI Realty completed the deal on behalf of the seller and buyer, respectively.
