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Bussel Awarded Marketing of Two Industrial Properties Near Port Newark/Elizabeth, New Jersey



EDISON, NEW JERSEY (December 17, 2013)– Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced it was named the exclusive agent for marketing two industrial properties near Port Newark/Elizabeth, New Jersey:  698 21st Street in Irvington, New Jersey; and 470  Mundet Place in Hillside, New Jersey. 

On behalf of 270 Cox Street Associates, Vice President David Posner of BRC is marketing 698 21st Street, a 27,475 sf free standing facility for $1.8 million.  470 Mundet Place in Hillside is a 54,720 sf distribution facility available for lease.  Posner will also spearhead marketing this high-quality free standing building on behalf of owner Nathan Barry Company.

“User who want to be very close to Port Newark/Elizabeth and the major Northern New Jersey highways in their own stand alone building will find 698 21st Street in Irvington a great fit,” commented Posner.  “The owner has completed or has underway several upgrades to the property and is aggressively marketing the property to sell.”

Just two blocks from Exit 55 of I-78, 698 21st Street is just minutes from Route 21, 22, 1&9, the New Jersey Turnpike and Garden State Parkway, located within a UEZ Zone, and only three miles to Port Newark/Elizabeth.  The 27,475-sf property offers 3,025 sf of office space, 18’-24’ ceilings, 3 tailboards, 25’ by 39’ column spacing, 400 amps power, and 12 surface spaces.

“470 Mundet Place provides both a great location only 7 miles to Port Newark/Elizabeth and curb appeal to prospective tenants,” commented Posner.  “As a corporate image facility, the property has been well-maintained and offers 21’ high ceilings, heavy power and 9 tailboards, making it ideal for a variety of manufacturing and distribution uses.”  Sitting on 2.98 acres of land, 470 Mundet Place is just one block from Route 22, minutes from I-78, the New Jersey Turnpike and Garden State Parkway, and only 7 miles to Port Newark/Elizabeth.  The 54,720-sf property offers 7,470 sf of office space, 21’ ceilings, 9 tailboards, 1 drive-in, 30’ by 40’ column spacing, heavy power, and an attractive façade and a well-maintained landscaping and parking area.

About Bussel Realty Corp.

Established in 1984, Bussel Realty Corp. (BRC) has one of the largest dedicated industrial brokerage staffs in New Jersey. BRC is a leading industrial real estate services firm, located in Central New Jersey with individual memberships in the Society of Office & Industrial Realtors (SIOR).  BRC provides leasing and sales brokerage services to users, corporate occupiers, landlords, owners and investors, representing more than three million sf of property and tenant client assignments annually.  The firm’s clients have included several of the largest Fortune 500 Companies, as well as numerous manufacturing, distribution, and services companies both nationally and locally.  Currently, BRC is handling in excess of three million sf of corporate and industrial real estate in New Jersey.



12/17/2013 - 15:32


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