Eyewear company pays $4M-plus for Maplewood distribution facility
It's nice to see positive developments continuing in that neighborhood.
hankzona said:
is this where the amusement park once was?
Yes.
mrincredible said:
Funny. Looking at Google Maps, most of Camptown Rd is in Irvington. The border cuts right through where number 40 is.
I looked it up too. Camptown is an old name for Irvington and I didn't realize any of Camptown Road was in Maplewood until I consulted a map of the area.
Changes are coming to that section of Maplewood. The WAWA and the new business should bring good things.
hankzona said:
is this where the amusement park once was?
I think so. It's right on the little river that meanders through there.
mrincredible said:
It's funny it almost looks like the front of the building is in Irvington and the back is Maplewood.
That's possible.
awesome they chose maplewood !!!!
Unless I'm mistaken, this was a private owner, selling to another private owner. The town had nothing to do with the sale.
yahooyahoo said:
And the Town didn't give away the farm to get them to buy?
Are there any ladies on Camptown Road singing "doo dah, doo dah"? Sorry.....
ArchBroad said:
Unless I'm mistaken, this was a private owner, selling to another private owner. The town had nothing to do with the sale.
yahooyahoo said:
And the Town didn't give away the farm to get them to buy?
You are correct. It was a private sale.
mumstheword said:
Are there any ladies on Camptown Road singing "doo dah, doo dah"? Sorry.....
Interesting fact, there was a small racetrack at Olympic Park. But I don't see any historical indication that the song is related to that track.
I think the Camptown the song was written after was in Pennsylvania. And Irvington changed their name because of associations with the song and racy behavior. Gambling on horse races seems pretty tame today.
$4million seems like quite a bargain for a fairly new 66,000 square foot building.
Olympic Park was a, for lack of a better word, joint venture between Irvington and Maplewood around the time we moved here. It was hoped that the tax revenue would help with the perennially high tax rate in MW. Didn't really happen.
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http://www.njbiz.com/article/20150331/NJBIZ01/150339958/Eyewear-company-pays-$4M-plus-for-Maplewood-distribution-facility
Fantas-Eyes paid more than $4 million for the 66,000-square-foot distribution facility at 40 Camptown Road, the Edison-based real estate services firm said in a news release.
“Forty Camptown Road is located in Olympic Industrial Park, an established, well-located and successful industrial park,” David Blitt, a Bussel senior vice president, said in a prepared statement. “The purchaser intends to substantially improve the building, including office renovations and a state-of-the-art distribution setup. The competition for the purchase of the building demonstrates how healthy and vibrant New Jersey’s industrial market is at the present time.”