Lee & Associates New Jersey arranged the sale of a 21,725-square-foot warehouse and flex building in Hanover to Farrell Contracting Solutions for $3.425 million.
A Lee & Associates New Jersey team led by Principal Jason Lynch and Senior Vice President Peter Rasmusson represented the seller, Twenty-Six Eastmans Road LLC. David Knapel, vice president of team resources, represented the buyer.
“We are thrilled to announce the completion of this transaction,” Rasmusson said. “The fully air-conditioned warehouse is located on over 2 acres and includes an additional mezzanine storage area. Additionally, the building will offer the tenant multiple uses and options as a flex building.”
Located at 26 Eastmans Road, the property is in proximity to Interstate 287 and Routes 10 and 46. It’s conveniently located to the Mountain Lakes and Morris Plains commuter rails.