SITEX REALTY ACQUIRES 210,009-SQUARE-FOOT INDUSTRIAL COMPLEX

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TETERBORO, N.J. — Chicago-based Sitex Realty Group has acquired 125 and 200 Central Ave., a 210,009-square-foot industrial complex in Teterboro. The facility at 125 Central Ave. includes 104,213-square-foot of space and 200 Central Ave. is a 105,796-square-foot facility. Gary Sauerborn, Jeffrey DeMagistris and Thomas Vetter of NAI Hanson represented the seller, John Landers of the Marschall Warehouse Co. in the transaction. Sitex plans to lease and renovate the space, including a new office build-out.

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