An aerial view of 35 Market St. in Elmwood Park — Courtesy: America East Real Estate and Chaus Realty LLC
By Joshua Burd
Private investors have acquired a 425,000-square-foot warehouse in Elmwood Park that serves as a distribution center for Marcal paper products, according to brokers involved in the deal.
Richard Harris, president of America East Real Estate in Hackensack, confirmed the sale of the property at 35 Market St. after representing both parties in the deal. Brian Scheuer, principal at Hasbrouck Heights-based Chaus Realty LLC, also represented the buyer and seller.
Terms were not disclosed.
A recent report by The Record said the building is leased to Soundview Paper, which acquired Marcal in 2012. The report said the property, which sits on 35 acres, is on the opposite side of Market Street from the landmark Marcal paper complex.
