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JGT arranges sale in NJ.

Norman Tanzman, partner (JGT), announced that Jacobson, Goldfarb & Tanzman Associates, the Woodbridge, New Jersey-based commercial real estate firm, recently arranged for the sale of a 54,000-square-foot industrial facility, the former Gain Electronics Building, in Branchburg, New Jersey.

The five-year-old, high-tech facility, located on 5.1 acres with commercial access to Highway 202, had fallen back into the hands of First Fidelity. First Fidelity found itself in possession of unwanted real estate assets and needed to evaluate the potential and maximize the value of those assets.

The facility was sold to Korsch Tableting, Inc., through a joint marketing effort by Dan Frankel, senior vice president, and Dave Saltzman vice president of JGT, and Louis Ross of Louis Ross Associates, Inc.
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Title Annotation:Jacobson, Goldfarb and Tanzman Associates; New Jersey
Publication:Real Estate Weekly
Date:Sep 30, 1992
Words:120
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