Bussel Realty Brokers Sale of 231 40th Street, Irvington, New Jersey
EDISON, NEW JERSEY (August 17, 2015) – Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced its arranged the sale of 231 40th Street in Irvington, New Jersey, an industrial facility of approximately 38,500 square feet.
The property sold for $3.1 million and features 22-foot ceilings, three cooler spaces, four tailboards and one drive-in, and heavy power. It is located in close proximity to I-78, Route 22, the Garden State Parkway and New Jersey Turnpike, Newark Liberty Airport, and Port Newark/Elizabeth.
The buyer is Best Buyer 40th Street, a garlic distributor from California. The firm purchased the facility for their expansion needs on the US East Coast. BRC Executive Vice President Gregory Irving, SIOR, represented the seller, 40th Street, LLC. He also represented the seller four years ago when the company purchased the property. CBRE represented the buyer.
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 millions of square feet 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 square feet of corporate and industrial real estate in New Jersey.