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UNION, NJ-For the second time in two years, the 122,500-sf flex building at 1135 Springfield Rd. N. is on the market. And Weichert Commercial Brokerage has picked up the assignment to find a buyer for the seven-year-old asset, which includes 36,500 sf of office and 86,000 sf of warehouse.

“This property is a great investment opportunity located within an area that supports many port-related services,” says WCB SVP David Fisher, who’s handling the assignment with VP David Williams.

“The building, which is currently 70% leased, affords potential investors an upside after bringing the property to full tenancy or gives an owner/occupant the opportunity to absorb as unit as well as receive the benefits of an investment property,” Williams says.

The building, located on 5.2 acres, is being offered by In Toons LLC, an automotive electronics company. As reported by GlobeSt.com, In Toons acquired it from Duerr Tool & Die Co. in 2006. The sale price was subsequently reported to be $9.3 million, or just less than $76 per sf.

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