Realterm Acquires Warehouse In Fairview, NJ From Undisclosed Seller

The warehouse located at 83 Broad Ave in Fairview, NJ, spanning 66,504 square feet and sitting on 4.7 acres, has been acquired by global investment management firm Realterm. The property features 10 dock-high doors, making it a valuable asset in the Northern New Jersey community of Fairview.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: Not disclosed
• Address: 83 Broad Ave, Fairview, NJ, 07022
• Market: Fairview
• SF: 66,504
• Seller's Reps: Stephen Shoemaker (Cushman & Wakefield), Thomas Tucci (Cushman & Wakefield), Torsten Thaler (Cushman & Wakefield)
• Buyer: Realterm

Torsten Thaler, Tom Tucci, and Steve Shoemaker of Cushman & Wakefield played pivotal roles as the brokers representing the deal for the acquisition of the warehouse at 83 Broad Ave. The seller involved in the transaction, however, was not disclosed.