top of page

MIG inks industrial sales across NNJ & Staten Island

Writer: MAREJ
MAREJ
9 hours ago
2 min read

Represents buyer in 136,346 s/f Staten Island acquisition



Roselle, NJ and Staten Island, NY — The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC) completed three industrial sales in Roselle, NJ and Staten Island, NY, involving properties totaling 159,342 s/f.

In Roselle, MIG arranged the $4.325 million sale of 300 Cox St., a 15,996 s/f industrial warehouse.

MIG represented the seller, AHM Cox Real Estate LLC, in the transaction. The buyer, Sun Tees Inc., was represented by an undisclosed broker. The Metz Industrial Group brokerage team was led by Jordan Metz, principal, along with Benito Abbate, senior associate, and James Friel, sales associate. MIG has represented the seller in numerous real estate transactions over multiple decades. The client originally acquired 300 Cox St. for its business operations and, after outgrowing the facility, turned to MIG to facilitate the property’s sale.

Located within a designated Urban Enterprise Zone (UEZ), 300 Cox St. offers 15,996 s/f of industrial space.

Also in Roselle, BRC completed the $2.9 million sale of 150 West First Ave., a 7,000 s/f industrial warehouse.

Steve Bussel, president of BRC, represented the seller, West First Roselle, LLC, while the Metz Industrial Group represented the buyer, RCG Realty LLC.

The acquisition was completed as part of RCG Realty’s tax-deferred 1031 exchange following the successful disposition of its 4.8-acre industrial outdoor storage (IOS) property at 1200 Springfield Rd. in Union, NJ, where MIG also represented RCG Realty. By strategically managing the sale and identifying qualified replacement properties that met the 1031 exchange requirements, the Metz Industrial Group helped RCG Realty successfully reinvest its proceeds into 150 West First Ave. as one of several transactions as part of the exchange.

The Metz Industrial Group team was led by Metz, together with Abbate and Friel.

The property features 7,000 s/f of industrial space with 32-foot clear ceiling heights, 1,000 s/f of office space, two oversized drive-in doors, and ample on-site parking.

Extending its activity into New York, MIG also completed the sale of 2807 Arthur Kill Rd. in Staten Island. The newly constructed 136,346 s/f industrial warehouse sits on eight acres and was purchased by a long-term MIG client in the entertainment/logistics business, which will utilize the space for its new corporate HQ distribution facility.

The property features two levels of industrial space, including an 86,706 s/f first level and a 49,640 s/f ground level. The first level offers 40-foot clear ceiling heights in the warehouse area and 14-foot ceilings in the loading area, ten drive-in doors, 16 dock doors, and 9,075 s/f of office space. The ground level includes 19-foot ceiling heights, 13 loading doors, and one drive-in door.

Developed in 2025, the facility is equipped with LED warehouse lighting, an ESFR sprinkler system, 1,000 amps of power, and ample on-site parking.

In partnership with New York brokerage firm B. Rothman Inc., Metz, Abbate and Friel represented the buyer in the transaction. The seller, 2777 Arthur Kill Road LLC, was represented by JLL.

 
 
bottom of page