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CBRE sells Uniqema.

On behalf of the seller ICI Paints, CB Richard Ellis announced that it has closed on the sale of the Uniqema complex, located at East 24th Street in Paterson, N.J.

Consisting of two cleaning product manufacturing facilities, the property totals 100,036 s/f of space. Awesome Products, a detergent and soap manufacturer, purchased the buildings, in addition to all of the corresponding manufacturing equipment.

Representing ICI Paints from CBRE were David Sherman, executive vice president, Bill Waxman, senior vice president, Marc Trevisan, senior vice president, Gary Capetta, first vice president, Nick Nitti, vice president, Carrie Brown, senior associate, and Gus Braunschweig, associate.

"We are pleased to announce the sale of this well-equipped facility to Awesome Products," said Waxman. "The synergy of CBRE's office and industrial platforms was instrumental in securing this transaction for the mutual benefit of the buyer and seller."
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Date:Nov 23, 2005
Words:143
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