CARLSTADT, NJ—HREC Investment Advisors has arranged the sale of a 2.5-acre parcel located in Carlstadt, NJ, near the New Jersey Meadowlands Sport Complex.
Kevin Hanley and Ketan Patel, senior vice presidents, exclusively represented the seller, POKO Partners, predominantly multi-family residential developers, owners and operators in the tri-state area, during the transaction.
“This in-fill site is ideal to serve visitors to the Meadowlands area of Northern New Jersey. We identified attractive branding options and worked through issues to allow this existing warehouse/flex space property to be enhanced with a future development,” says Hanley. “Our local knowledge allowed us to quickly recognize the challenges and opportunities with this site.”
Located within 2 miles of the Meadowlands Sport Complex, the site offers immediate access to these and other nearby demand generators. Situated near the intersection of New Jersey Route 17 and Paterson Plank Road, the site also offers easy access to the significant office and industrial parks nearby and Teterboro Airport, the busiest general aviation airport in the metropolitan New York area.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
