3140 Route 22 Update 02/03/23

Branchburg Industrial Property Trades for $23.75M

A Class-B industrial building, located at 3140 Route 22 in Branchburg, New Jersey, has just been sold for $23.75 million. The structure was purchased by Faropoint from the previous owner, Viva Branchburg LLC, in a deal brokered by Cushman & Wakefield.

Originally constructed in 1967, it totals square feet and currently serves as the North American headquarters and main distribution center for the Italian sunglasses manufacturer, Marcolin USA.

In addition to manufacturing space, the facility features warehousing and office space. It has 18-foot interior ceiling clearances, 7 loading docks, and 1 drive-in door. There is also an employee parking lot out front, with enough room for vehicles.

The building sits on a 13.38-acre lot and is located a little over 30 miles from Staten Island, 35 miles from Newark, and 45 miles from Manhattan. It also sits in the vicinity of several state and interstate highways, making for easy transportation access.

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