Pioneer Industries currently occupies the Carlstadt property, but is expected to move on in the near future. Whitehall plans to convert the facility into a high-tech/flex building and is targeting both single- and multi-tenant users. It's expected to be ready for tenancy by next spring.
For its acquisition ventures, Whitehall has been funded to the tune of $75 million by the Whitehall Street Limited Partnership of Goldman Sachs.
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