$11M Takes 157,000-SF Warehouse

ROCKAWAY, NJ-The new owner of 52 Green Pond Rd. is a food products distributor, buying the vacant property from its local owners.

By Eric Peterson | April 30, 2008 at 08:40 AM

The buyer was represented by Greg Sholom and Sheila Sachs of Team Resources Inc., Carlstadt, NJ; the seller was represented by Ed Schein of SBWE Inc. of Hasbrouck Heights. The building had been listed with an asking price of $5.50 per sf for lease, or $85 per sf for sale.

The building, which sits on a 10-acre site, was constructed in the mid-60s. It includes a 10,000-sf office component, 15 loading docks and clear ceiling heights to 23 feet.

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