Bussel Realty Represents Home City In 80,000-Sf Deal At Heller Industrial Park In Edison, New Jersey
EDISON, NEW JERSEY (October 7, 2013)-- Bussel Realty Corp. (BRC), a leading corporate and industrial real estate services firm in New Jersey, today announced its represented Home City Inc., a leading Egyptian linens distributor, in an 80,000-sf long-term lease at Heller Industrial Park at 180 Mill Road in Edison, New Jersey. Vice President Jordan Metz of BRC was responsible for the transaction. Home City will relocate from Linden, New Jersey.
"My client, in the high-end linens distribution business, needed a facility to accommodate and consolidate its continued growth, so we went vertical with high ceilings and ESFR sprinklers to maximize cubic storage capacity to give them a home for the long term,” commented Metz. “In this competitive market for quality space, we are delighted that the transaction was able to come to fruition.”
The facility features 32' clear ceilings, 10 loading docks, trailer parking, and ESFR sprinklers. Metz represented Home City six years ago during a marketing campaign that he implemented to attract Brooklyn-based companies to move to New Jersey. Since then, Home City expanded from 20,000 sf to 40,000 sf in two separate facilities and now into 80,000 sf in Heller Industrial Park.
“Because the market has gotten so hot, if you're a tenant in the market, and you have the opportunity to lease or purchase quality industrial space, move on it or someone else will," continued Metz. Senior Vice Presidents David Blitt and Robert Sager of BRC also worked with Metz on the transaction. Heller Industrial was represented in-house.
Heller Park, consisting of 8.7 million sf of industrial space, is currently near full occupancy and located next to Raritan Center, a 13 million sf industrial park, which is also nearly 100 percent leased. “While this might be a relatively small sample of the industrial market, it is consistent with and indicative that the pendulum has clearly swung in key markets, with demand far outweighing supply for quality industrial product," noted Metz.
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 an individual membership in the Society of Office & Industrial Realtors (SIOR). Bussel Realty 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.