Two Industrial Facilities Totaling 67,000 SF are Sold

SOUTH PLAINFIELD, NJ-Sheldon Gross Realty of West Orange and Wall Twp., NJ has arranged the separate sales of two industrial properties. The firm’s Jonathan Glick and Robert Bowman put the two deals together. Terms and sale prices were not disclosed.

In the first transaction, Sheldon Gross represented 43rd Corp., the seller of 234 St. Nicholas Ave., a 37,000-sf warehouse/manufacturing facility on two acres, to Koba Inc. Weichert Commercial was the co-broker. The asset includes 4,900 sf of refrigerated space and 12,600 sf of air-conditioned production space, and is FDA approved for food manufacturing.

In the second Sheldon Gross also repped the seller, H&S Realty, in the sale of the 30,349-sf 238 St. Nicholas Ave. Cosmetic Ingredients was the buyer, and International Realty was the co-broker. The property includes 6,000 sf of office space and the 1.59-acre site carries heavy M-3 zoning.