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ABC ACQUIRES $7 MILLION INDUSTRIAL CONDO

EDISON, N.J. — Atlantic Beverage Co. has acquired a 138,000-square-foot industrial condominium located at 3775 Park Ave. in Edison, for $7 million. The company has previously been a tenant at the 507,400-square-foot building for the past 10 years. James Frank of Cushman & Wakefield represented Atlantic Beverage Co. The seller, Tulfra Realty Co., utilized in-house representation. In 2008, a joint venture between Tulfra and Hampshire Properties acquired the industrial facility and is now in the process of repositioning it into industrial condos.

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