Zimmel Associates Brokers 68,500 Sq. Ft.

Fully Air-Conditioned Industrial

Building

Denholtz Acquisition, LLC Purchases 200 Industrial Way West, Eatontown, NJ.

Eatontown, NJ, December 04, 2019 --(PR.com)-- David Zimmel and Jason Zimmel of Zimmel
Associates, handled the sale of 200 Industrial Way West, Eatontown, NJ, a 68,500 sq. ft. one-story
free-standing industrial building on 4.5 acres.

The seller, Industrial Eatontown LLC was represented by Ray Musalo of Greiner-Maltz Real Estate and
Joe Soos of Preferred Industrial Properties. The purchaser, Denholtz Acquisition LLC was represented by
David Zimmel and Jason Zimmel, a client of Zimmel Associates for over forty years. “They are always in
the market for an acquisition,” says David Zimmel. “We found this building in Eatontown, it was vacant,
we showed it to Denholtz Acquisition LLC and a deal was consummated in 30 days.”

The building was formerly occupied by a pharmaceutical company. It offers many desirable features,
including 24 ft. clear ceiling, 8 loading doors and 8,500 sq. ft. of first-class office space. The building is
also well-landscaped and 100% air-conditioned. The new owner has recently upgraded the building,
which includes all new exterior office glass and repainting of the inside and outside of the building. It is
ideally located off the Garden State Parkway at exit 105, with easy access to Route 18, Route 33 and
Route 66.

In addition to selling the property, David Zimmel and Jason Zimmel were hired by the purchaser
Denholtz Acquisition LLC to lease the building exclusively. “We are extremely optimistic that a tenant
will be found quickly due to the fact there are limited leasing opportunities for industrial space available
in the area,” says David Zimmel.

Denholtz Acquisition LLC plans to redo the office space within the building. The building lends itself to
being divided to suit various sizes. For example, a tenant could lease 40,000 sq. ft. and the remaining
balance of 28,500 sq. ft. can be leased to another tenant.

About Zimmel Associates:

Zimmel Associates is a full service corporate real estate brokerage firm that provides knowledge-driven
real estate leasing, sales, consulting and property management services. Our clients include owners,
tenants, investors and developers. We are well known throughout New Jersey, where we represent more
than 5 million square feet of exclusive space. Our geographic scope also includes New York and
Pennsylvania.

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Contact Information:
Zimmel Associates
Jaime Blanke
908-692-1060
Contact via Email
www.zimmel.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/800735

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