11-18 Saddle River Road in Fair Lawn — Courtesy: Lee & Associates New Jersey
By Joshua Burd
A religious organization has purchased a 2,650-square-foot office building in Fair Lawn, in one of two newly announced deals by Lee & Associates New Jersey.
According to the brokerage firm, Anshei Lubavitch Outreach Center paid an undisclosed sum for the property at 11-18 Saddle River Road. Lee & Associates New Jersey’s Josh Krantz represented both the buyer and the seller, 11-18 Saddle River Realty LLC, in the deal about a mile north of Route 208.
He also arranged a five-year, 1,246-square-foot lease at Valley Plaza, a shopping center at 175 Broad Ave. in Fairview, between Vail Development LLC and State Farm Insurance. Krantz represented both the tenant and the landlord.
“I am pleased to have closed both of these deals in early 2022 and can’t wait to see what the rest of this year has in store,” said Krantz, a senior vice president with Lee & Associates New Jersey. “Both of these locations provide our clients great visibility within lively neighborhoods in the New Jersey market.”