Jones Lang LaSalle
Industrial at 15 Stern Sells for $2.9 Million
Owner/User To Occupy Building in Springfield
BMT Holdings LLC purchased the 32,265-square-foot industrial building at 15 Stern Ave. for $2.9 million, or approximately $90 per square foot. The seller was Luminco Inc.
The one-story building, built in 1953, is on 1.55 acres in Union County. The property features six loading docks, two drive-in bays, a wet sprinkler and 13-foot to 16-foot ceilings.
Frank Lopriore of Trammell Crow Co. represented the seller, Luminco Inc. Trammell Crow broker Lee Barnes represented the buyer, BMT Holdings LLC.
Industrial at 15 Stern Sells for $2.9 Million
Owner/User To Occupy Building in Springfield
BMT Holdings LLC purchased the 32,265-square-foot industrial building at 15 Stern Ave. for $2.9 million, or approximately $90 per square foot. The seller was Luminco Inc.
The one-story building, built in 1953, is on 1.55 acres in Union County. The property features six loading docks, two drive-in bays, a wet sprinkler and 13-foot to 16-foot ceilings.
Frank Lopriore of Trammell Crow Co. represented the seller, Luminco Inc. Trammell Crow broker Lee Barnes represented the buyer, BMT Holdings LLC.
posted by Jones Lang LaSalle NJ News Blog at 2:53 PM
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