(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.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
