Esses of Bussel Realty Brokers Sale of 745 Joyce Kilmer Avenue in New Brunswick, New Jersey
EDISON, NEW JERSEY (September 28, 2016) – Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced its arranged the sale of 745 Joyce Kilmer Avenue in New Brunswick, a 138,000-square-foot industrial property.
Leo Esses, senior vice president of BRC, represented the buyer, Miss Sportswear, which purchased the property for $4.8 million and upgraded the property by an additional $800,000. The owner, KLCNY, LLC was represented by CBRE.
“Miss Sportswear wanted to open an operation in New Jersey to complement its Manhattan operations,” noted Esses. “I was able to locate a property which perfectly suited their business and real estate needs and is in close proximity to New York City via highways and mass transportation.”
745 Joyce Kilmer Avenue is in close proximity to Route 1 and 130, and the New Jersey Turnpike as well as a NJ Transit train station with service to Manhattan. The property features 14’-20’ ceiling heights, eight tailboards and six drive-in doors for loading, 4,000 amps of electric power, and 200 surface parking spaces.
About Miss Sportswear
Miss Sportswear is a brand of the Miss Group. The Miss Group is a domestic and import clothing manufacturer established in 1992.
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.