(Read more on the industrial market.)

WAYNE, NJ-In one of the few industrial property sales in themarket this year, the 138,000-sf industrial and office building at82 Totowa Rd. has been sold for $15 million, which factors out tonearly $109 per sf. The building, which includes 50,000 sf ofoffice space and sits on 12 acres, is the headquarters and centraldistribution facility for Toshiba America Consumer Products.

The buyer was a joint venture of Prism Capital Partners LLC ofEnglewood and the New York City-based Centurion Realty. The sellerwas East Meadow Corp., a locally based private group. The sale wasorchestrated by brokers from Cushman & Wakefield's MetropolitanArea Capital Markets Group, East Rutherford.

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