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BRANCHBURG, NJ-Hagelin & Co., a manufacturer of flavors and fragrances, has acquired the 25,000-sf building at 200 Meister Ave. here. The seller of the asset, which is located in Somerset County, is a local investor.

Hagelin has actually been leasing the building for the past eight years, using it for its manufacturing, office, warehousing and laboratory operations. During the period of its occupancy, the company has substantially renovated the building to meet its own specifications.

Coldwell Banker Commercial/Feist & Feist Realty Corp., based in Roseland, NJ, arranged the sale transaction, with company president and CEO John H. Adams representing both Hagelin & Co. and the seller. Dating back to 1903, Coldwell Banker Commercial/Feist & Feist also has offices in Central New Jersey and in Allentown, PA.

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