Resource Realty Negotiates Sale of 53,252 SF Industrial Building in Rockaway, New Jersey

Resource Realty of Northern New Jersey (RRNJ) has negotiated the sale of a 53,252-square-foot industrial building at 36 Pine Street in Rockaway, New Jersey. The property includes two tailboard exterior dock doors and one drive-in bay.

Greg Sabato and Scott Peck of RRNJ represented the buyer, Commerce Park Investors, in the deal. The seller and the sales price were not disclosed, so the transaction value cannot be determined from the report.

The report is brief and does not describe the building's condition, tenancy, or the buyer's plans for the site. It is a single-asset transaction in a northern New Jersey industrial market, with the dock and drive-in configuration noted as the main physical features.

For developers, lenders and brokers tracking industrial trades in Rockaway, the sale is a reminder that loading access and bay configuration remain key points to verify when underwriting an existing building of this size.