Business Services Industry
GVA Williams
Real Estate Weekly, April 11, 2001
Another investment sale has been completed by GVA Williams of New Jersey. The company announced the sale of 115 Main Road in Montville, N.J.
The 76,160 SF, industrial/high tech facility is 84% leased to three tenants including Axsys Technology, Servo Systems and Ficom Corp.
The seller, FLL Associates, LP, headquartered on Madison Avenue, retained GVA Williams as its exclusive agent for the disposition process. The buyer, headquartered in West Orange, N.J., was seeking a 103.1 exchange to accommodate partnership needs and selected this facility, located on Route 202, just a 1/2 mile from a four-way intersection at 1-287 (Exit 47).
Mitch Roman, first vice president of GVA Williams and David Simson, president of GVA Williams, were the brokers involved in this transaction.
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