(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.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.