(Read more on the industrial market.)

SOUTH PLAINFIELD, NJ - In a deal marking a headquartersrelocation, Technick Products has acquired the 30,349-sf industrialbuilding at 238 Saint Nicholas Ave. here for an undisclosed price.The seller of the previously vacant asset, which is situated on a1.6-acre site in this Middlesex County community, was B&BHoldings LLC.

"They had been looking extensively for the past year and a halffor a facility capable of sustaining their growing operations,"says Terry Armstrong of the Fairfield, NJ office of Grubb &Ellis, who represented Technick in the transaction. Armstrong isalso currently marketing for sale Technick's existing headquartersbuilding at 665 Martin St. in Rahway, NJ.

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