The seller was represented in-house in the sale, while Profeta was represented by Tom Nuara of Resource Realty of Parsippany and Edison, NJ. Terms of the transaction, including the sale price, were not disclosed by the parties.

Petrucci had acquired the asset just a year ago from Viacom for an undisclosed amount as part of its aggressive strategy to buy up value-added properties in the New Jersey and Pennsylvania regions. In the process, Petrucci inherited Survivor Technologies as a tenant occupying the entire building.

Survivor, a window distribution company, opted to stay in the building, signing a long-term lease agreement that included the completion of substantial improvements to the facility. The company uses the location as a regional headquarters and for warehouse and light assembly.