Third Wayne LLC Buys 42,000 SF Property In Fairfield, NJ

The property involved in the transaction is located at 2 Gardner Rd, Fairfield, NJ, 07004. It is a 42,000-square-foot industrial facility, previously serving as the headquarters for Autoclear LLC, a security inspection systems company. The sales price for this transaction was not disclosed.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 2 Gardner Rd, Fairfield, NJ, 07004
• Market: Fairfield
• Seller's Representative: Matthew C. Turse - Avison Young, Timothy J. Cadigan - Avison Young
• Buyer: Third Wayne LLC
• Square Footage: 42,000

Matthew C. Turse, Timothy J. Cadigan, and John Recchia from Avison Young represented the seller, Autoclear LLC, in this transaction. In addition, Avison Young secured a five-year lease for Autoclear at a new facility measuring 21,888 square feet located at 10A Bloomfield Ave. in Pine Brook, New Jersey.