Springfield, NJ — Bussel Realty Corp. (BRC), an industrial real estate services firm in New Jersey announced it represented the sale of 32 Commerce St. in Springfield, a 12,193 s/f industrial/flex property, for $1.92 million. Gregory Irving, SIOR, executive vice president of BRC, represented the seller, Fargo Properties, in the transaction. The buyer, Vangellow Properties, was represented by Richel Commercial. “The property attracted many buyers at this price level which indicates the strength of the industrial real estate market in New Jersey,” not Irving. “We continue to see strong demand for industrial and warehouse product in all of the State’s major submarkets.”
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