41 Woodbine St. in Bergenfield — Courtesy: NAI James E. Hanson
By Joshua Burd
A manufacturer has acquired a 12,000-square-foot industrial flex building in Bergenfield for $2.7 million, in a newly announced deal by NAI James E. Hanson.
The buyer, 160 Belmont LLC, will relocate to 41 Woodbine St. from New York City and plans to use the space to produce signs and trade show materials, according to a news release. It will do so in a facility that has 12.5-foot clear ceiling heights, two loading docks, 540 square feet of office space, 25 parking spaces and on-site trailer parking.
NAI Hanson Vice President Dominic Fittizzi represented the seller, RLR Corp., in the deal, noting that the building sits on a half-acre lot at the intersection of West Broad Street.
“Although deal flow across the industrial sector has slowed over the past several months, this deal highlights the continued strong demand for well-located and flexible properties in the northern New Jersey market,” Fittizzi said. “I’m proud to have helped our client find an ideal buyer and secure a strong return for this asset.”
