Lee & Associates New Jersey Announces Sale of 50 – 52 Fadem Road in Springfiled, NJ
ELMWOOD PARK, New Jersey—April 6, 2018—The New Jersey office of Lee & Associates is pleased to announce the sale of 50-52 Fadem Road in Springfield, New Jersey, a modern, 207,000 SF industrial facility on 10+ acres. Attributes include ceiling heights ranging from 22 to 32 feet, multiple loading docks and executive office space. Situated just off Route 22 in Springfield, the facility has direct, toll free access to Port Newark/Elizabeth.
The team of Rick Marchisio, Crista Bartolomeo and Drew Maffey represented the purchasers, Tuli Blumenberg and Duvi Blumenberg. The building hosts a solid tenant roster, and is occupied by SAS Graphics/2XL Imaging and Ring Container. “This was a smooth transaction” stated Rick Marchisio. Tuli Blumenberg and Duvi Blumenberg were a pleasure to work with as the purchaser. They performed admirably, and delivered on time. The Fadem Road transaction marks the second multi-million dollar transaction we have completed with the Blumenberg’s in less than six months”, added Marchisio.
About Lee & Associates, New Jersey
Lee & Associates – New Jersey is a unique and dynamic commercial real estate services firm with two locations – Elmwood Park and Edison, developed to provide the New Jersey area with highly qualified professionals delivering local expertise, a national reach and world class results. We offer a full complement of upper tier, Best-in-Class real estate solutions not only to owners of commercial property, but also to the companies who occupy these facilities. We are dedicated to providing outstanding customer service and are committed to achieving our clients’ goals and objectives.
About Lee & Associates
Celebrating more than 36 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with numerous locations across the nation including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, South Carolina, Texas, and Wisconsin. With 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level.
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