Bussel Realty Brokers Sale Of 1771 W. Edgar Road In Linden, New Jersey
EDISON, NEW JERSEY (SEPTEMBER 4, 2013)– Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced it has brokered the sale of 1771 W. Edgar Road in Linden, New Jersey, a 43,726 sf retail and industrial property. The property was sold in excess of $2,800,000 to Sunkris Realty LLC, a.k.a. Wine Zone, a wine retailer. Senior Vice President Herb Zimmerman and Vice President James Hodgkins represented the buyer and seller in the transaction. John Burke, president of Coastal Commercial Group, provided the financing for the transaction. Burke also serves as vice president of business development at BRC.
“This free standing building strategically located in Linden, New Jersey, provides access to customers in a highly-trafficked corridor and the needed requirements for the new owner to expand their retail / distribution business,” commented Zimmerman. “We were proud to have procured both the buyer and seller in the transaction and to have met both of their real estate goals.”
Sitting on 2 acres of land, 1771 W. Edgar Road totals 43,726 sf, and is comprised of 13,000 sf of retail frontage and 31,000 sf of warehouse space. The property has 20’ ceilings, 4 tailboards, a wet sprinkler system and plenty of parking. 1771 W. Edgar has excellent Route 1 visibility and is located at a traffic light intersection. The property formerly served as a furniture showroom and warehouse.
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 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.