BD Partners Acquires Oakland, NJ Property from TA Associates
April 1, 2011

Dan Frank, Senior Executive Vice President at Kwartler Associates, Inc., announced the acquisition of 111 Bauer Drive in Oakland, New Jersey, by BD Partners, a New Jersey-based investment company.  The 121,000 -square foot, one-story flex building was sold by TA Associates Realty of Boston.

The fully occupied, multi-tenanted building will continue to be managed and represented by Kwartler.

"This property, built in the 1970's, was well positioned for a sale, having recently undergone a major renovation that brought it up to today's standards," said Frank.

Located in the Oakland-McBride Corporate Park, it sits on an attractively landscaped, 5-acre site in close proximity to Routes 208 and 287.

Gary Gabriel of CW Capital Investments represented both the buyer and seller in the transaction.
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