Specifically, SD LLC has sold the top two floors totaling 41,000 square feet to an unidentified buyer. Senior vice president Beth Krinsky and vice president Terry Kenny of Weichert Commercial Brokerage worked out the details for both sides. The sale price was not disclosed.
The Rahway Public Library occupies the ground floor of the class A building, and WCB has been hired to find tenants, with a focus on professional office users. The building is near several redevelopment projects, including the new City Plaza apartment complex, a 16-story Intercontinental Hotel and the recently renovated NJ Transit train station.
"It's a great opportunity for professional users to position themselves in a thriving area with easy access to public transportation," Krinsky says. "We expect strong demand for this space."
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