CenterPoint Properties Acquires Industrial Building In Wayne, NJ From 100 Demarest Drive LLC

An industrial building spanning 117,340 square feet located at 100 Demarest Dr in Wayne, NJ, 07470, was recently sold in a transaction facilitated by NAI James E. Hanson. The property, situated on 10.5 acres, boasts a clear height of 26 feet and was fully leased at the time of sale.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: CenterPoint Properties
• Buyer's Representative: William "Will" Ericksen of NAI James E. Hanson
• Seller: 100 Demarest Drive LLC

CenterPoint Properties, a company based in Chicago, was represented in the transaction by William Ericksen from NAI Hanson. The seller, known as 100 Demarest Drive LLC, concluded the deal for the industrial property in Wayne, NJ.