Bussel Brokers Acquisition of Boy Scouts of America's New Jersey Headquarters
EDISON, NEW JERSEY (MARCH 25, 2013)– Bussel Realty Corp. (BRC), a leading commercial real estate services firm in New Jersey, today announced that it has represented the Boy Scouts of America (BSA) in the acquisition of One Saddle Road, Cedar Knolls, New Jersey, a 14,000 sf industrial flex building. The property will serve as BSA’s new corporate headquarters in New Jersey for its Patriots Path Council. The property was purchased for an undisclosed price from owner, Olof & Elaine Erikson. Steven Bussel, SIOR, president of BRC, represented BSA, and Newmark Realty represented the seller.
“The Boys Scouts required quality office space at a strategic location with easy access for employees and visitors,” noted Bussel. “One Saddle Road met all of these requirements and is near to Routes 287, 202 and 24 as well as downtown Morristown. The property will enable the Boy Scouts to grow and service their various boy scout troops under the Patriots Path Council.”
One Saddle Road is a one-story industrial flex property totaling 14,000 sf, and will be completely renovated into BSA’s corporate headquarters. The property is surrounded by several prestigious corporate neighbors and is just minutes from major highways such as Route 287, 202, 10 and 24.
About Bussel Realty Corp.
With one of the largest dedicated industrial brokerage staffs in New Jersey, Bussel Realty Corp. (BRC) is a leading industrial real estate services firm, located in Central New Jersey with an individual membership in the the Society of Office & Industrial Realtors (SIOR). Bussel Realty provides leasing and sales brokerage services to users, corporate occupiers, landlords, owners and investors, representing more than a million s.f. 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 s.f. of corporate and industrial real estate in New Jersey.