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| 2 Emerson Lane, Secaucus, NJ |
FLORHAM PARK, NJ – HFF announced today that it has closed
the sale of 2 Emerson Lane, a two story, 283,215-square-foot industrial
facility in Secaucus, New Jersey.
HFF
marketed the leasehold interest on behalf of the seller, Hartz Mountain Real
Estate. CoreSite Realty Corporation
(NYSE: COR) purchased the leasehold interest in 2 Emerson Lane for $18.4
million.
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| Michael Nachamkin |
The
facility at 2 Emerson Lane is located on a 10-acre site about 10 minutes from
midtown Manhattan in the Meadowlands submarket of Secaucus, New Jersey.
The property is close to the New Jersey Turnpike, Interstate
495, Newark Liberty Airport and Port Newark.
The two-story industrial property has office and showroom space plus a
six-story, 634-space parking garage. It
was purchased vacant and will be converted to a data center.
The HFF investment sales team representing the seller was
led by managing director Michael Nachamkin.
For a complete
copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com
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