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Lennar Sells 100 Haul Rd for $5M

WAYNE, NJ-Lennar Partners sells the 99,049-sf industrial building at 100 Haul Rd. here for about $5.4 million to Laurence J. Rappaport, a private real estate investor.

By Sean Ryan | Updated on May 20, 2005

Sean Ryan is associate editor for Real Estate New Jersey WAYNE, NJ-Laurence J. Rappaport, a New Jersey attorney and real estate investor, has acquired 100 Haul Rd. from Lennar Partners for approximately $5.4 million The vacant property has 99,049 sf of industrial space, including 36,676 sf of office space.

Newmark’s Rutherford office represented Lennar, through principal Richard Madison, associate director Anatole Wedmid and property manager Steven J. Smith. Rappaport was represented by Jeff Rosenberg of CB Richard Ellis, Saddle Brook, who has since moved on to Grubb & Ellis.

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