Fennelly Associates announces it has been named by Howco Management as the exclusive brokerage firm for 480 Lalor Street in Trenton, N.J. Fennelly Associates’ President, Jerry Fennelly, SIOR, and Corporate Real Estate Specialist, Matthew Fennelly, will handle marketing and lease-up for the property.
Located on the southern edge of Trenton, 480 Lalor Street is a 27,362-square-foot industrial building featuring 12’ clear ceilings, one loading dock, a 10’x12’ chemical storage room, 900-amp power and a gated parking lot with direct access to Route 29. It is also located within an Urban Enterprise Zone (UEZ) and boasts proximity to Routes 1 and 29, Interstate 195 and the New Jersey Turnpike.
Fennelly Associates’ selection as the exclusive brokerage firm for 480 Lalor Street is the continuation of a two-year relationship between the firm and Howco Management. In November 2022, Fennelly Associates sold 480 Lalor Street to Howco Management in a transaction with the previous owner, Switlik Survival Products, Inc., for $1.8M. In addition, Fennelly Associates also sold Whitehorse Executive Center, a 72,000-square-foot medical office complex in Hamilton, N.J. to Howco Management in June 2022.
“Success in commercial real estate is built on strong relationships,” said Jerry Fennelly. “Earning the opportunity to serve a client multiple times is the highest compliment a brokerage can receive as it illustrates our ability to help our clients continually realize their real estate goals. We’re honored to continue our relationship with Howard Cohen and Howco Management as the exclusive brokerage for 480 Lalor Street.”
About Fennelly Associates
Fennelly Associates is one of New Jersey and Pennsylvania’s most experienced and successful independent full-service commercial real estate solutions providers. Since 1986, Fennelly Associates has taken a strategic and data-driven approach to provide flexible solutions that drive results for clients of every size and asset class. A leader in market research and leveraging the latest real estate technologies, Fennelly Associates provides its local, regional and national client base with unmatched expertise that helps them achieve their goals in an ever-changing and competitive real estate market.