Thursday, May 25, 2006

Jones Lang LaSalle


319 State Route 17 Sells for $3.3 Million
Hummer of Mahwah Acquires 38,500-SF Industrial Building


Hummer of Mahwah Realty LLC acquired 319 State Route 17 from Bell Realty Associates for $3.3 million, or about $85 per square foot.

The 38,500-square-foot industrial building sits on 2.4 acres in Mahwah, NJ. The building features six loading docks, a clear height of 14 feet, 1,200 amps of power and 3,000 square feet of office space.

Bob McNerney of McNerney & Associates represented both parties.