| |
NORTH PLAINFIELD, NJ, AUGUST 3, 2010 – John G. Udell, president of Weichert Commercial Brokerage, Inc., is pleased to announce that Senior Vice President Barry Feldman recently completed the sale of a 48,165 square foot building on 4.7 acres located at 559 US Highway 22 in North Plainfield, NJ. Feldman represented both the buyer and seller in the transaction.
A private buyer purchased the two-story, 48,165 square foot retail building from Ray’s Sport Shop, Inc. Ray’s Sport Shop had owned and operated the building since 1971.
The deal was under contract since March 2007, while the buyers waited to receive approvals to demolish the building and construct an auto service facility. The buyers plan to erect a 19,629 square foot service center as part of an expansion of the neighboring Nissan dealership.
“We are pleased to congratulate Barry on the closing of this transaction,” stated Udell. “Barry’s dedication to providing his customers with the highest caliber of service has truly distinguished him in the marketplace.”
|
