SHORT HILLS, NJ, October 16, 2020 – The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, recently arranged the sale of ±50,000 SF consisting of two industrial buildings at 29 Porete Avenue in North Arlington, NJ for $3,050,000 with a $2,000,000 credit for remediation. Jason M. Crimmins, Alessandro Conte and Peter J. Murano, Jr. of The Blau & Berg Company represented the owner, while Realty Mark Central represented the buyer in this transaction.
“Location, location, location. The building is just over 8 miles from Newark Liberty International Airport and the Port Newark Container Terminal,” says Peter J. Murano, Jr., Senior Executive Director for The Blau & Berg Company. “For companies looking to capitalize on the close proximity to the New York metropolitan region and vigorous logistics infrastructure, 29 Porete Avenue provides that prime location for industrial and commercial businesses.”