Bussel Realty Corp. Leases 19,400 SF at 1001 Roosevelt Avenue in Carteret, New Jersey
EDISON, NEW JERSEY (March 23, 2015)- Bussel Realty Corp. (BRC), a leading corporate and industrial real estate services firm in New Jersey, today announced Russel Company Inc. has leased 19,400 square feet at 1001 Roosevelt Avenue in Carteret, New Jersey, a 90,000-square-foot industrial property. BRC President Steve Bussel, SIOR, was responsible for the transaction and represented the landlord. Newmark Knight Grubb represented the tenant.
“With this transaction, there is only one remaining unit of 17,250 square feet available at 1001 Roosevelt Avenue,” noted Bussel. “The property’s location near the ports, Newark Liberty Airport and the Goethals Bridge to Staten Island and Brooklyn is in hot demand by industrial users, many of whom are relocating from the Boroughs of New York.”
Totaling 90,000 square feet, 1001 Roosevelt Avenue is prominently located next to Exit 12 of the New Jersey Turnpike. The property offers 14- to 27-foot ceiling heights, 35-foot by 35-foot column spacing, 17 tailboards, three drive-ins, 1500 amps of electric power, wet sprinklers, and 40 parking spaces.
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.