153 Bauer Drive Update 07/25/22

Oakland Industrial Building Scooped Up for $9.6M

A Class-C industrial building, located at 153 Bauer Drive in Oakland, New Jersey, has just been sold for $9.6 million. The structure was purchased by Faropoint from the previous owner, Oakland Management, in a deal brokered by CBRE.

Originally constructed in 1984, the single-story building is used for manufacturing and warehousing. It also has auxiliary office space and three drive-in doors. Sitting on a lot spanning roughly 4.2 acres, 153 Bauer Drive stands feet tall and totals square feet.

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