The owner of a Morris County industrial building has filled more than 23,000 square feet, highlighting the appeal of specialized assets and the increasingly tight market for the region’s smaller, infill spaces.
Saddleback Real Estate Developers has sold a newly built, 50,000-square-foot industrial building in Hackettstown for $13 million, the Fairfield-based firm announced last week.
An industrial user has leased more than 45,000 square feet in Hackettstown, in the largest of four new deals along Interstate 80 by Resource Realty of Northern New Jersey.
A local business has acquired a 14,000-square-foot commercial building in Hackettstown for $1.45 million, according to a broker with Sheldon Gross Realty.
Devli Real Estate has filled nearly 38,000 square feet with two leases at an industrial flex building in Hackettstown, in the largest of several new deals by Resource Realty of Northern New Jersey.
The longtime owner of nearly 3,700 garden apartments across New Jersey and Pennsylvania is seeking a buyer for the portfolio, according to listing brokers with CBRE.
Saddleback Real Estate Developers has started construction on a project that will bring 50,000 square feet of modern industrial space to the northern tip of Hackettstown.
A supplier of sheds, pool houses and other products has acquired more than 11,000 square feet of retail and industrial space in Hackettstown, brokers with NAI James E. Hanson announced.
