SVP Jonathan Glick of the West Orange, NJ-based Sheldon Gross Realty Inc. represented seller Cathay in the transaction. Alliance Real Estate Group of Englewood Cliffs, NJ. represented Dicken LLC, a precision machine manufacturer.
"East Brunswick was extremely receptive to the buyer relocating to the town, as there are few New Jersey manufacturers located in the area," Glick says. And for Cathay, which specializes in the export and import of apparel, the transaction marks its relocation to another site in this Middlesex County township, with Glick similarly providing the representation.
During its ownership tenure at 34 Kennedy Blvd., Cathay had expanded the original 21,000-sf building with a 42,000-sf, two-story addition. The facility includes 5,500 sf of office space, two loading docks and parking for 50 cars.
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.