MAHWAH, NJ- Interstate 330 LLC has acquired the29,050-square-foot office flex building at 330 Franklin Turnpikehere for $2.68 million. NAI James E. Hanson wasthe sole broker on the transaction, and has been retained to lease5,000 square feet available at the facility. The new owner willoccupy some of the space. The asking rent, according to an Aprillisting on LoopNet is $17.50 per square foot.

"330 Franklin is in great condition,” says NAI James E. HansonSVP Kenneth D. Lundberg, adding that the buyerwill occupy some of the office space and offer the rest for lease.“The quality of the building coupled with the fact that it meetstheir space requirements greatly appealed to Interstate 330. Theproperty also happens to be in a great Bergen County town with lowtaxes."

Built in 1983, the building consists of 12,470 square feet ofwarehouse space and 16,680 square of office space on 1.94 acres.Current tenants include United Refrigeration, John Deere, AlliancePhysical Therapy, Recruit Savvy, Executive Binding and ProLogOffice Interiors.