Moonachie, NJ, July 21, 2010 -- Greiner-Maltz of New Jersey announces that it has sold a 45,000 sf, 1 story, rail-served distribution facility located at 107 Industrial Drive, Jersey City, NJ to Starr Snacks for approximately $3,500,000. Starr Snacks, currently owns the adjacent property, which they now use as a manufacturing plant.

“Aside from placing a wonderful company into a perfect space, What makes this transaction so special for me”, says Raymond Musalo, Managing Partner of Greiner-Maltz, NJ, “is that this is the 4th time in the past 20 years that I have either leased or sold this property.

Raymond Musalo of Greiner-Maltz, NJ represented the purchaser, William Waxman and Nicholas Nitti of CBRE, represented the seller.

About Greiner-Maltz
Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial, commercial, and investment property in Manhattan, Brooklyn, Queens, Long Island, New Jersey, Westchester, and Connecticut. The firms five offices are actively managed by Principals: John Maltz and Sharone Levy in Brooklyn and Queens; Swain Weiner, metro area investments; Tom Attivissimo in Long Island, Raymond Musalo in New Jersey, and Ayall Schanzer in Westchester.