TWO-STORY INDUSTRIAL BUILDING SELLS FOR $18.4M IN SECAUCUS, N.J.

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SECAUCUS, N.J. — Hartz Mountain Real Estate has sold 2 Emerson Lane, a two story, 283,215-square-foot industrial facility in Secaucus for $18.4 million. CoreSite Realty Corp. purchased the property. The industrial building is situated on a 10-acre site and is close to the New Jersey Turnpike, Interstate 495, Newark Liberty Airport and Port Newark. It was purchased vacant and will be converted to a data center. The HFF investment sales team represented Hartz Mountain Real Estate in the deal.

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