Beauty Story LLC Acquires 16,950 Square Foot Industrial Building In Hackensack For $2.8M

Beauty Story LLC has acquired an industrial flex building located at 32 First Street in Hackensack. This property spans 16,950 square feet and was sold for $2.8 million, translating to a price per square foot of $165. The building is designed for warehousing and distribution purposes, specifically for beauty products, and features three tailgates and high ceilings for operational efficiency.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,800,000
• Address: 32 First Street
• Market: Hackensack
• Buyer: Beauty Story LLC
• Seller: 32 First Street LLC
• Buyer's Representative: Jay Li - Coldwell Banker
• Seller's Representatives: Kenneth Lundberg, Patrick Lennon & Lorenzo Lambiase - NAI James E. Hanson
• Square Footage: 16,950
• Price Per Square Foot: $165

The transaction involved significant contributions from brokers, with Jay Li representing the buyer and the seller being represented by a team from NAI James E. Hanson, consisting of Kenneth Lundberg, Patrick Lennon, and Lorenzo Lambiase, highlighting the collaborative nature of the deal.