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First American
Europaproperty.com
Friday, November 21, 2008  

Industrial


5/15/2008

CBRE orchestrates sale of New Jersey industrial property


Weidner Family Partnership has sold an 18,000 square foot industrial building in Fair Lawn, N.J., for an undisclosed price to a Chinese firm.

The buyer was represented by Dorothy Chuang while the seller was represented by Mark Tannen, both of CB Richard Ellis.

The building is located at 4-01 Banta Place and was on the sales block for three months. It will be delivered vacant and will be used by the Chinese firms for its daily operations.

Chuang is a vice president with CBRE and has been with the firm since 1999. She currently heads the firm's Greater China Desk in the New York Tri-State metropolitan area. She is a former employee of SBWE, Inc. and is fluent in English, Mandarin, Shanghai and Cantonese.

Tannen, a first vice president with CBRE, is a member of the Industrial Services Group in Saddle Brook. He has been in the real estate industry for 25 years and is also a former employee of SBWE, Inc.

Address: 4-01 Banta Place, Fair Lawn, N.J.

Size: 18,000 square feet


Filed Under: Industrial

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