HACKENSACK, NJ-Prism Capital Partners recently secured the sale of 60 Commerce Way here to a jewelry importer that will relocate its headquarters locally to the 43,000-square-foot, single-story flex building. Michael Schaible of Jones Lang LaSalle represented the seller, and Young Star Realty, LLC represented the buyer. The company declined to provide the sale price.
Prism Capital purchased 60 Commerce with joint venture partner New Boston in 2005 as part of a two-building complex that also includes the 30,000-square-foot 80 Commerce Way. The firm completely redeveloped the property, investing $1.5 million in a new fa
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