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NAIDB: Magni, material handling equipment supplier, sells Kenilworth facility for $13 million – Real Estate NJ
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NAIDB: Magni, material handling equipment supplier, sells Kenilworth facility for $13 million – Real Estate NJ
651 Michigan Ave. in Kenilworth — Courtesy: NAI DiLeo-Bram & Co. By Joshua Burd An industrial user has sold and leased back a portion of a nearly 27,000-square-foot facility in Kenilworth, reaping more than $13 million in a deal arranged by NAI DiLeo-Bram & Co. According to a news release, the transaction comes less than two years after Magni America completed the modern warehouse and office facility at 651 Michigan Ave. and just south of Route …
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