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THE GARIBALDI GROUP BROKERS 17.1-ACRE LAND SALE

FRANKLIN TOWNSHIP, N.J. — The Garibaldi Group/CORFAC International has completed the $12.3 million sale of a 17.1-acre parcel of land in Franklin Township. The land is fully approved for the development of a 325,000-square-foot facility. Jeffrey Garibaldi and Matthew Kirby of Garibaldi represented the seller, Chestnut Associates, a subsidiary of J.G. Pertucci Co., in the transaction. Dan Frankel of Colliers International represented the buyer, Morgan Stanley Management Services II.

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