201 West Passaic St. in Rochelle Park — Courtesy: The Wellington Co. LLC
By Joshua Burd
The longtime owner of a 65,000-square-foot office building in Rochelle Park has sold the property for more than $7 million, in a deal arranged by The Wellington Co. LLC.
The brokerage firm represented the seller, Sherbrooke Holding Co LLC, in the transaction at 201 West Passaic St. An affiliate of Woodbridge-based Bergman Real Estate Group purchased the four-story property for $7.2 million, Wellington said, citing its location across from Westfield Garden State Plaza.
The building is also minutes from routes 17 and 4 and the Garden State Parkway.
“The sale of 201 West Passaic Street exemplifies the importance in selecting a broker who understands the local marketplace and has substantial experience in marketing office buildings,” said John Johnson, Wellington’s president. “Our experience in the Bergen County marketplace and our knowledge of prevailing market conditions makes us uniquely suited among our peers for office building sales.”