985 Route 17 in Port Murray — Courtesy: NAI James E. Hanson
By Joshua Burd
The owner of a former automotive and truck parts recycling facility in Warren County has sold the nearly 82-acre site, in a transaction arranged by NAI James E. Hanson.
The real estate services firm announced that it represented both parties in the sale of 985 Route 57 in the Port Murray section of Mansfield Township. Auto & Truck Wreckers Inc. sold the vacant 81.6-acre site to Irish Meadows LLC for an undisclosed price.
NAI Hanson’s Sig Schorr completed the assignment, noting that the buyer plans on leasing the space on a per-acre basis for companies that require storage for heavy and light equipment. The site, which provides easy access to and from Interstate 80 and routes 57 and 206, served as a parts recycling facility for more than 40 years.
“A creative and targeted marketing strategy backed by decades of experience goes a long way in representing the seller of a unique property like this,” Schorr said. “For our buyer, understanding their needs in the context of the broader market is crucial to finding them the right property at the right price. Fortunately, we take great pride in our ability to represent both the buyer and seller in transactions just like this and to negotiate fair deals that meet both parties’ business goals.”