Bussel Realty Corp Leases Approximately 93% of 100 Ryan Street in South Plainfield, New Jersey
EDISON, NEW JERSEY (October 10, 2018) –Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced its leased approximately 93 percent of 100 Ryan Street, a flex/incubator business park, in South Plainfield, New Jersey.
Sitting on four acres, 100 Ryan Street consists of two buildings, totaling approximately 27,000 square feet each. The site was formerly a junk yard, which was environmentally cleaned and developed by a group headed by Steve Bussel, SIOR, president of BRC.
“This site was a challenge to develop and took years to complete,” noted Bussel. “The former buildings on the property were demolished and the site was environmentally remediated before construction could begin.”
Piscitelli Brothers Construction, principals in the project, completed the construction in late 2017. Bussel and his firm, Bussel Realty Corp, commenced leasing and within one year leased approximately 93 percent of 100 Ryan Street to 25 companies.
100 Ryan Street consists of 18 units, approximately 1,500 square feet each, and nine units, approximately 3,000 square feet each. Each unit is completely self-contained with separate utilities, office space and bathrooms. Ownership is allowing smaller users the opportunity to make short-term deals, with room for expansion. Many of the tenants at 100 Ryan Street are on-line, internet-related sales companies.
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.