Bussel brokers $1.8 million trade of a 41,000 s/f industrial facility
PISCATAWAY, NJ — Bussel Realty Corp. (BRC), an industrial real estate services firm in New Jersey, announced it has arranged the sale of 727 South Ave. in Piscataway, an industrial facility of approximately 41,000 s/f.
The property traded for $1.8 million and features 14-foot ceilings, five loading docks, one drive-in, and heavy power. It is located near Rte. 28 and proximate to major transportation arteries including Rte. 22 and I-287.
The buyer, Deals For Less, purchased the facility with the intention of raising the roof an additional ten feet and will use it for the distribution of novelty items. Bussel Realty Corp executive vice president Gregory Irving, SIOR, senior vice presidents Stephen Nozza and John Cascio of BRC represented the seller, Kanter Properties, LLC. Gramercy Realty sales associate Isaac Neuman represented the buyer.
“Deals For Less is moving from Brooklyn where their current location will be transformed into a residential complex,” said Irving.