(Read more on the industrial market.)

LYNDHURST-ThyssenKrupp Elevator Co. signed a long-term lease for the 16,185-sf industrial space located at 1000 Wall St. W. here. The property is owned by Lyndhurst-based R.S. Knapp/Napco, which has owned the building for approximately 15 years.

New York-based Pantheon Properties served as third-party broker on the deal. "In our brokerage effort, we targeted a strong and committed company to occupy this space," says Zach Hitchcock, a VP for Pantheon.

The property features multiple loading docks and 28-foot ceilings. Details of the transaction were not disclosed.

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