Titanium Industries has bought the 90,582-square-foot office/industrial property at 18 Green Pond Road in Rockaway, N.J. from Plastic Specialties and Technologies.

 

The sale price was not disclosed.

 

Titanium Industries, a provider of titanium mill products to industrial, aerospace, medical and specialty markets, is relocating its headquarters from Parsippany. The firm will occupy approximately 40,000 square feet of the building

 

“With its close proximity to Route 80, 18 Green Pond Road is in an excellent location for firms that need easy access to the New York metropolitan area while attracting a quality labor pool,” says Mr. Gaffney.

 

Douglas Gaffney, senior managing director of the Schultz Organization, represented the buyer, while the firm’s Senior Managing Director John Friedland and James Klayman represented the seller, Plastic Specialties and Technologies Inc.

 

The Schultz Organization has been retained as the exclusive leasing agent for the remaining 50,000 square feet available, which can be used for distribution or light industrial uses.

***

What’s your opinion? Send your Letter to the Editor to janis@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription