Hagelin has actually been leasing the building for the pasteight years, using it for its manufacturing, office, warehousingand laboratory operations. During the period of its occupancy, thecompany has substantially renovated the building to meet its ownspecifications.

Coldwell Banker Commercial/Feist & Feist Realty Corp., basedin Roseland, NJ, arranged the sale transaction, with companypresident and CEO John H. Adams representing both Hagelin & Co.and the seller. Dating back to 1903, Coldwell BankerCommercial/Feist & Feist also has offices in Central New Jerseyand in Allentown, PA.

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