HFF Arranges $51M Sale of Industrial Building in Northern New Jersey

by David Cohen

TOTOWA, N.J. — HFF has arranged the $51 million sale of a 382,596-square-foot, newly constructed industrial building in Totowa. Located at 700 Union Boulevard, the single-story property was completed in 2018 and sits on more than 26 acres. Joe B. Thornton Jr., Jon Mikula, Jose Cruz, Marc Duval and Jordan Avanzato of HFF represented the seller, The Hampshire Cos., in the transaction. The buyer was undisclosed.

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