3-building industrial park in East Hanover is purchased

EAST HANOVER, NJ – October 21, 2021

East Hanover Industrial Center, a three-building industrial park totaling 167,050 square feet at 9, 11 and 15 Melanie Lane in East Hanover, has been acquired by Barings & Vision Real Estate, Cushman & Wakefield announced Wednesday.

Terms of the deal were not announced.

Cushman & Wakefield’s Gary Gabriel, Kyle Schmidt, David Bernhaut, Ryan Larkin and Max Helfman represented the seller, Terreno Realty

“The East Hanover Industrial Center offers highly sought-after shallow bay space that caters to a wide variety of occupiers,” Gabriel said. “Its location offers momentary access to affluent suburban Essex and Morris County and the 10 million consumers within an hour drive.”

East Hanover Aerial