The Most Comprehensive Source for Commercial Real Estate News in the Region 

Bussel Realty Corp 1001 Roosevelt Ave, Carteret, NJ 97,000 s/f Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, announced it has arranged the sale of 1001 Roosevelt Avenue in Carteret, NJ, to Seagis Property Group for an undisclosed amount. Sitting on 3.67 acres, 1001 Roosevelt Avenue is a multi-tenanted industrial building totaling approximately 97,000 SF. Steve Bussel, president of BRC, SIOR, represented the seller. Seagis Property

EDISON, NJ — Bussel Realty Corp. (BRC), an industrial real estate services firm in New Jersey, announced Steve Jaynes has joined the company’s brokerage division as a sales associate. “We are happy to have Steve as an addition to our brokerage team at BRC,” said Steve Bussel, SIOR, president of BRC. “He will be learning the Northern and Central New Jersey industrial market and assist our sales teams with clients and properties.” Jaynes is a licensed real estate broker i

SOUTH PLAINFIELD, NJ — Bussel Realty Corp. (BRC) announced that Jordan Metz, senior vice president of BRC, arranged the sale of 15 Harmich Rd. in South Plainfield, a 57,000 s/f industrial warehouse, for $6.15 million. Metz represented both the buyer and seller in the transaction. Oz Vehadar, the largest publisher of Jewish textbooks known for establishing new standards in learning with rabbis, yeshiva students and laymen, purchased 15 Harmich Rd. from V.A. Designs, a manufac

RAHWAY, NJ — Bussel Realty Corp. (BRC) announced the sale of 970 New Brunswick Ave. in Rahway, a 297,000 s/f industrial facility, for $19.5 million. Greg Irving, executive vice president, SIOR, and Jim Hodgkins, vice president, of BRC represented the seller, Rahway Industrial Sites. The buyer, Harold Realty Management LLC, was represented by Ezra Realty. “Rahway Industrial Sites and Bussel Realty Corp. have had a long-standing relationship and we were happy to deliver on

PISCATAWAY, NJ —Bussel Realty Corp. (BRC), a corporate and industrial real estate services firm in New Jersey, announced Idea Nuova Inc. has renewed its lease for 151,641 s/f at 4 Corporate Place in Piscataway. Senior vice president Leo Esses of BRC was responsible for the transaction and represented the tenant. The landlord was represented in-house by GTJ REIT Inc. “After seriously exploring multiple alternative locations for over 18 months, Idea Nuova concluded their curre

NEW BRUNSWICK, NJ — Bussel Realty Corp. (BRC) leased the entirety of 16 Van Dyke Ave. in New Brunswick, a 47,000 s/f industrial property, to Upperclass Warehouse. David Blitt, senior vice president of BRC, represented the tenant, Upperclass Warehouse. The owner, Wick Companies, was represented in-house. 16 Van Dyke Avenue is an 47,600 s/f industrial property with access to Rtes. 1, 18 and 27, and is minutes to Downtown New Brunswick. The property features 18-foot ceiling

Internet retail sales. That’s the difference keeping our current hot industrial market hitting lease and sale price highs unseen in 40+ years. Technology is making the difference as it always does. Shopping is easier than ever online and on your phone. Industrial real estate is the choice of every major retailer, and for the multitude of ancillary businesses in the ecommerce sector. It’s all about warehousing and logistics. Here is what is important to note for the New Jers

MIDDLESEX, NJ — Bussel Realty Corp. (BRC) announced the sale of 3 Smalley Ave. in Middlesex, a 117,000 s/f industrial facility. Gregory Irving, executive vice president and principal at BRC, has represented the seller, Sunrise Industries, for over 30 years. “BRC is responsible for obtaining all the tenants which now occupy the building. It has been a pleasure to serve the real estate needs of Sunrise Industries from start to finish on this project,” noted Irving. The purchas

RAHWAY, NJ — Bussel Realty Corp. (BRC) announced the sale of 313 Regina Ave. in Rahway, a 256,000 s/f industrial facility, for $19.75 million. BRC’s David Blitt, senior VP, Robert Sager, senior VP, and James Hodgkins, VP, represented the seller and Joel Katz of Katz & Sterling represented the buyer, (Art Scroll) 313 Regina Ave. LLC, in the transaction. "While we were arranging the sale of 313 Regina Ave., our BRC team was also the leasing agent for the property,” said Bl

PERTH AMBOY, NJ — Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced its arranged the purchase of 144 Grant St. in Perth Amboy, a 62,000 s/f industrial building. Leo Esses, senior vice president of BRC, represented the buyer, Gourmet Nut, which bought the property for $4.6 million. The seller, Riverview Management LLC, was represented in-house. "Gourmet Nut will receive a $12 million grant from the State of New Jersey

LINDEN & KEARNY, NJ ­— Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, announced that senior vice president Jordan Metz leased 76,556 s/f of industrial space in two new leases in Kearny and Linden. Philadelphia Truck Lines leased 47,670 s/f at 2401 East Linden Ave. in Linden. Metz represented the landlord, Penwood Real Estate Investments, in the transaction. Jackson Cross Partners in Wayne, PA, represented the tenant. Blossom Kitchen

LINDEN & KEARNY, NJ ­— Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced that Senior vice president Jordan Metz leased 76,556 s/f of industrial space in two new leases in Kearny and Linden. Philadelphia Truck Lines leased 47,670 s/f at 2401 East Linden Ave. in Linden. Metz represented the landlord, Penwood Real Estate Investments, in the transaction. Jackson Cross Partners in Wayne, PA, represented the tenant. Blossom K

SOUTH PLANFIELD, NJ — Bussel Realty Corp. (BRC) announced its leased 93 percent of 100 Ryan St., a flex/incubator business park in South Plainfield. Sitting on four acres, 100 Ryan St. consists of two buildings, totaling 27,000 s/f each. The site was formerly a junk yard, which was environmentally cleaned and developed by a group headed by Steve Bussel, SIOR, president of BRC. “This site was a challenge to develop and took years to complete,” said Bussel. “The former buil

EDISON, NJ — Bussel Realty Corp. (BRC), an industrial real estate services firm in New Jersey, announced it has arranged the sale of Glendale Business Park in Edison, to an undisclosed buyer for $9 million. Glendale Business Park is comprised of three industrial buildings totaling approximately 68,505 s/f. Earl Lapides, senior vice president of BRC, represented the seller, Glendale Partners, LLP. Sitting on 6.81 acres, Glendale Business Park is a fully-tenanted industrial

IRVINGTON, NJ — Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, announced its arranged the purchase of 72 Woolsey St. in Irvington, NJ, a 37,400 s/f industrial building, for $1.4 million. Gregory Irving, SIOR, executive vice president of BRC, represented the buyer, F.N.T., and the seller, Sunrise Industries. “F.N.T. will utilize the facility for its distribution center of household goods,” noted Irving. “F.N.T. has been a long-te

EDISON, NJ — Bussel Realty Corp. (BRC), a corporate and industrial real estate services firm in New Jersey, announced Jordan Metz, senior vice president of BRC, recently closed multiple industrial transactions in Union County. “There’s a common thread to most of my deals, that being location, location, location. These port-proximate facilities allow companies to receive containers from the second largest port in the country, Port Newark/Elizabeth, truck them to their nearby

PISCATAWAY, NJ — Bussel Realty Corp. (BRC) announced its arranged the purchase of 1776 South Second St. in Piscataway, a 127,000 s/f industrial building, for $9.8 million. James Hodgkins, vice president of BRC, along with Progressive Realty represented the buyer, Real Pro Piscataway. The seller, Gold American, LLC, was represented by Preferred Industrial. "Real Pro Piscataway will utilize the facility as a long-term stabilization investment," noted Hodgkins. "The prope

Somerset, NJ — Bussel Realty Corp. (BRC), one of the leading industrial and investment real estate services firms in New Jersey, announced its arranged the sale of 1323 Rte. 27 in Somerset, a 10,800 s/f office medical building, for $1.163 million. Gregory Irving, executive vice president of BRC, represented the owner, Kothari Family Trust, and the buyer, Somerhill Ventures. Irving is currently marketing the sale of 1303 Route 27 in Somerset, New Jersey, a 11,124-square-foo

EDISON, NJ — Jordan Metz, senior vice president of Bussel Realty Corp (BRC), a leading industrial real estate services firm in New Jersey, recently completed over 540,000 s/f of industrial deals, totaling more $33 million in transaction value. Metz represented Everflow Supplies in the purchase of a 260,000 s/f industrial property at 2300 East Boardin Rd. in Dallas, TX. The company is based in Linden, NJ, and expanded its operations with the new location in Dallas. Metz also

EDISON, NJ — Bussel Realty Corp. (BRC), a corporate and industrial real estate services firm in New Jersey, announced Metrofuser LLC has leased 25,134 s/f at 475 Division St. in Elizabeth, a 175,000 s/f industrial property. Herb Zimmerman, senior vice president, and Jeff Goldfinger, vice president, of BRC represented Metrofuser LLC in the transaction. NAI/Hanson represented the landlord. “Our client, Metrofuser, needed to be near the ports and New York City, and finding its n