Mahwah Business Park 34-73 Ramapo Road, Mahwah, NJ.

July 2018- Houlihan-Parnes Realtors, LLC announced the sale of the Mahwah Business Park located at 34-73 Ramapo Valley Road, Mahwah, New Jersey. The property consists of almost 400,000 square feet of office and warehouse buildings on a bucolic site that straddles the Masonicus Brook near the Mahwah River.  This Bergen County, NJ location provided an ideal spot with easy access to major highways and a short commute to Manhattan.  Robert V. Tiburzi, Jr. represented the seller, a closely held investment group.  The seller determined that the maximum value of this site could only be obtained by future development and decided not to make this commitment.  Houlihan-Parnes Realtors, LLC was able to effectuate this sale within six months of this decision.  Tiburzi said, “This is a win-win situation.  The seller comes away with an excellent return on their investment and the buyer has the opportunity to develop the property to the next level.” The purchaser is a Rockland County, NY based real estate investment company.  Keller Williams represented the buyer.  Doran Golubtchik, Esq. of Goldberg Weprin Finkel Goldstein LLP represented the seller.