19 Central Blvd. in South Hackensack — Courtesy: NAI James E. Hanson
By Joshua Burd
A beverage company is consolidating from two locations into more than 49,000 square feet in South Hackensack, following a deal arranged by NAI James E. Hanson.
The brokerage firm announced last week that it represented Pocas International, a health beverage manufacturer and distributor, in its acquisition of 19 Central Blvd. NAI Hanson also represented the seller, Pelrine Children’s Irrevocable Trust.
Terms were not disclosed.
NAI Hanson’s Scott Perkins, Andrew Somple and Christopher Todd handled the assignment for the Hackensack-based real estate firm. The team said it recognized that Pocas, which is relocating from Ridgefield Park, was looking for a larger facility and presented 19 Central Blvd. as a viable option.
The property sits in in the Meadowlands submarket and has easy access to the New Jersey Turnpike and the George Washington Bridge, according to a news release. The access allows the company to reach prospective customers in New York City while also maintaining its existing customer base east of the Meadowlands.
The warehouse includes more square footage than Pocas International’s two current buildings combined, the news release said. The property also has 2,910 square feet of office space, 18-foot-high ceilings, five loading docks and one drive-in.
“We continue to see a trend of businesses looking for functional industrial space in the Meadowlands submarket to expand operations and deliver products quickly to customers,” Perkins said in a prepared statement. “This sale exemplifies that trend and will let the buyer be closer to its main customer base east of the Meadowlands while ensuring access to new markets enabling its business to grow.
“We pride ourselves in our ability to negotiate a mutually beneficial agreement for both parties.”