Skip Ribbon Commands
Skip to main content

News release

ISELIN, NJ

JLL Completes Sale of 107 Bauer Drive in Oakland, NJ

Wagner SprayTech sells 62,368-SF warehouse/distribution facility to J World Sports


ISELIN, N.J., June 11, 2015 — JLL recently completed the sale of the Class A, 62,368-square-foot building at 107 Bauer Drive in Oakland, N.J., for Wagner SprayTech Corp., a Minneapolis-based company that manufactures advanced paint applicators. J World Sports Inc., an international backpack and luggage retailer, acquired the warehouse and distribution facility for an undisclosed amount.

The seller, Wagner SprayTech, was represented by Howard Weinberg, executive vice president, and Michael Palmeri, associate, both with JLL. The buyer was represented by Jame Yi with Kingstone Realty.

“J World Sports was looking for more space for its thriving business,” said Weinberg. “Located within Oakland-McBride Technical Park, 107 Bauer Drive offered the backpack and luggage retailer with the expansion space it required in a facility that more than met its needs.”

The single-story 107 Bauer Drive totals 62,368 square feet of warehouse and distribution space, along with approximately 7,994 square feet of office space. The facility was constructed in 1976 and features 18- to 20-foot ceiling heights, three loading docks and one drive-in door, and 88 parking spaces.

The property is located on 3.06 acres at the intersection of Bauer Drive and Thornton Road and is part of the 200-acre Oakland-McBride Technical Park. It lies within close proximity to Route 208 and Route 287.

JLL is a leader in the northern/central New Jersey commercial real estate market, with nearly 800 professionals and support staff providing agency leasing, tenant representation, industrial services, strategic consulting, project and development services, property management and investment sales/capital markets services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) and East Rutherford, also acts as local service provider for JLL global and national corporate clients in need of real estate assistance in New Jersey. JLL’s New Jersey operations were honored by NJBiz magazine as one of its 2015 Best Places to Work in New Jersey.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.