370-Franklin-Turnpike-Mahwah-NJ

Marcus & Millichap Arranges 44,000 SF Industrial Facility Sale in New Jersey

by Amy Works

MAHWAH, N.J. — Marcus & Millichap has brokered the sale of an industrial facility located at 370 Franklin Turnpike in Mahwah. The 44,000-square-foot asset sold for $3.9 million. The building features 12,000 square feet of newly refurbished office space and 32,000 square feet of industrial space with 24-foot clear heights. The office space is broken up into four 3,000-square-foot sections, with three of the sections being leased by office users and the fourth space being leased by the tenant occupying the warehouse space. David Thurston of Marcus & Millichap represented the both the buyer and seller in the transaction.

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