As part of its positioning, the asset has been "completely reskinned and redeveloped, including all new mechanical and electrical systems," according to David Cantor, CEO of Team Resources, Inc. of Carlstadt, which has the exclusive. Along with Cantor, the firm's Greg Sholm and Adam Judelson are involved in the marketing effort. With 15- to 26-foot clear ceilings and 12,000 sf of office space, "it represents an opportunity for companies requiring a combination of office, manufacturing and warehouse space," according to Cantor.
Whitehall, founded by Michael Nachamkin and the Whitehall Street Real Estate Limited Partnership of Goldman Sachs, buys and redevelops industrial properties in the Northeast. Team Resources had earlier sold several properties for Whitehall, including Two Palmer Terrace and 99 Armore Ave. in Carlstadt, NJ and 7 Industrial Dr. in Wood-Ridge, NJ.
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