HFF Brokers $7.7M Sale of Industrial Property in Carlstadt, New Jersey

CARLSTADT, N.J. — HFF has brokered the $7.7 million sale of a 71,745-square-foot industrial building in Carlstadt. Located at 463 Barell Ave., the 3.5-acre property features two loading doors, six drive-in doors and clear heights of up to 21 feet. Jose Cruz, Jordan Avanzato, Marc Duval, J.B. Bruno, Kevin O’Hearn, Steve Simonelli and Michael Oliver of HFF represented the undisclosed seller in the transaction. The buyer was Penwood Real Estate.

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