Weichert broker works double duty to close 44,000 s/f in deals.

David Fisher, senior vice president of Weichert Commercial Brokerage, Inc., has recently consummated two sales transactions totaling over 44,000 s/f in central New Jersey.

Twelve years ago, Fisher sold Fowler Equipment a building located at 24 Monroe Street in Union. Recently, Fowler outgrew this facility, hiring Fisher to find a new property in the area that would be suitable for the company.

Fisher had also done work with B&M Realty in the past, selling them a 27,000 s/f building located at 565 Rahway Avenue in Union. Fisher was aware that the building, which B&M was ready to sell, suited Fowler's needs.

As a result, Fowler entered into a contract on the building and simultaneously asked Fisher to market the Monroe Street building on his behalf.

Fisher called upon Ray Catena, who recently purchased a property in close proximity to 24 Monroe Street. Catena closed on the property and enabled Fowler to complete a 1031 exchange. Catena will utilize the facility for the expansion of his business.