The Blau & Berg Company Arranges Sale Of ±12,000 Industrial Facility in Newark

SHORT HILLS, NJ, July 9th, 2024 –The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, has arranged the sale of a ± 12,000 Industrial facility at 396 Littleton Avenue in Newark.

The seller was represented by Blau and Berg’s Jason Crimmins, CCIM, SIOR, Alessandro (Alex) Conte, CCIM, SIOR, Peter Murano, SIOR, and Dylan Meade.  The buyer was represented by Zehava Wiesner from Keller Williams Realty in Monmouth/Ocean.

Located adjacent to Springfield Ave and within a few miles of the Garden State Parkway Exit 144, Newark Penn Station, I-78 and Newark Liberty International Airport, the structure features a ± 8,500 SF first floor warehouse and a ± 3,500 SF mezzanine office. The buyer is a private company that will use the facility for warehousing and distribution.

“This property had been family owned for a long time,” said Dylan Meade, Senior Associate with Blau & Berg.   “We used an aggressive, collaborative approach knowing there is significant interest in industrial properties in this size range, provided you market to the right people.   Location is an increasingly valuable commodity as distribution dynamics evolve, so we were pleased to garner interest and a sale on behalf of our client in just a few short months.”