CBRE Brokers $17.9M Sale of Industrial Property in Northvale, New Jersey
NORTHVALE, N.J. — CBRE has brokered the $17.9 million sale of an industrial property in Northvale, a northern suburb of New York City. Built in 1970, the 207,000-square-foot property features 18-foot ceiling heights, 20 loading docks and 17,178 square feet of office space. Elli Klapper and Charles Berger of CBRE represented the buyer, Treetop Development, in the transaction. Kevin Dudley, Geoffrey Schubert and Justin Passaretti, also with CBRE, represented the seller, Vale 521 LLC.