“Industrial Facility in Hillsborough Sells for $8M – 40K Square Feet”

"Industrial Facility in Hillsborough Sells for $8M - 40K Square Feet"

SL Industrial Partners, an affiliate of The Silverman Group, has recently acquired a 40,700-square-foot industrial property in Hillsborough, New Jersey for $8.3 million. The property was previously owned by RC Fine Foods and is situated on a six-acre site with features such as 30-foot clear heights and dock-high doors. Additionally, the facility includes a wet sprinkler system and roof-mounted solar panels.

The seller was represented by the Cushman & Wakefield team consisting of Andrew Schwartz, Jordan Sobel, Andre Balthazard Mark Zaziski Patrick Decker,and Dan Bottiglieri who also secured the buyer for this transaction.

This acquisition marks another successful investment for SL Industrial Partners as they continue to expand their portfolio in the industrial real estate market.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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