Executive directors Eric M. Anton and Ronald A. Solarz andfinancial analyst Paul J. Nigido of Eastern Consolidated Inc.,based in New York City, brokered for the deal for Andalex. JonesLang LaSalle VP Dan de Palma represented the buyer. On the legalend, Mark Follender of Scarinci Hollenbeck represented the seller,and Sid Patel Esq. represented the buyer.
Built in 1983, 200 Centennial Ave. is a two-story buildingtotaling 68,156 sf. Originally built in 1960, the one-story,70,451-sf 220 Centennial Ave. was completely renovated in the 1980sand features separate entrances for tenants Rocheux Internationaland Ford Motor Corp. Availabilities at the two buildings arecurrently listed with an asking price of $15.50 per sf.
"The buildings have direct access to the fiber optic trunksituated underneath Centennial Ave., and are ideally situated forhigh-tech and telecom users," Anton says. "That was a driver in thedeal."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 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.
