Bussel Realty Brokers Sale of 727 South Avenue, Piscataway, New Jersey
EDISON, NEW JERSEY (February 3, 2015)– Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced its arranged the sale of 727 South Avenue in Piscataway, New Jersey, an industrial facility of approximately 41,000 square feet.
The property traded for $1.8 million and features 14-foot ceilings, five loading docks, one drive-in, and heavy power. It is located near Route 28 and proximate to major transportation arteries including Route 22 and I-287.
The buyer, Deals For Less, purchased the facility with the intention of raising the roof an additional ten feet and will use it for the distribution of novelty items. Bussel Realty Corp Executive Vice President Gregory Irving, SIOR, Senior Vice Presidents Stephen Nozza and John Cascio of BRC represented the seller, Kanter Properties, LLC. Gramercy Realty Sales Associate Isaac Neuman represented the buyer.
“Deals For Less is moving from Brooklyn where their current location will be transformed into a residential complex,” noted Irving. “727 South Avenue is strategically located to best reach its clientele in the New York and New Jersey region.”
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.