Bussel Realty Corp.'s Metz Team Closes Multiple Transactions in New Jersey Ports Markets

Bussel Realty Corp. (BRC), a leading corporate and industrial real estate services firm in New Jersey, today announced Jordan Metz, senior vice president of BRC, and his brokerage team members, Andie Fennimore and James (JP) Blasch, recently closed multiple industrial transactions in New Jersey’s port-centric industrial markets.

 Bussel Realty Corp.'s Metz Team Closes Multiple Transactions in New Jersey Ports Markets
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    Bussel Realty Corp.'s Metz Team Closes Multiple Transactions in New Jersey Ports Markets

    Bussel Realty Corp. (BRC), a leading corporate and industrial real estate services firm in New Jersey, today announced Jordan Metz, senior vice president of BRC, and his brokerage team members, Andie Fennimore and James (JP) Blasch, recently closed multiple industrial transactions in New Jersey’s port-centric industrial markets.

     

    “We are continuing to see an unprecedented level of demand from users requiring warehouse space proximate to the ports and offering immediate access to our highway infrastructure,” noted Metz.  “Industrial vacancy rates are hovering at 1.5 percent in these markets, with ample demand to fuel even further market compression.  As a result, we are seeing all-time highs on lease and sale rates.”

     

    Over the past several months, Metz, and his team, arranged the following industrial real estate transactions:

    • Leased 31,000 square feet to Super Sports, a dollar store distributor, and 12,500 square feet to DNH Pallets, a second-generation pallet company, at 410 Allen Street, in Linden, New Jersey.
    • Leased 17,500 square feet at 1416 East Linden Avenue, in Linden, New Jersey, for over ten years with Jordan East River, a moving and storage company.
    • 11,000-square-foot sale of 3401 Tremley Point Road in Linden, New Jersey to 5GJM, and the subsequent lease of the property to PK Mechanical. 
    • 10,000-square-foot lease renewal for five years at 2500 Brunswick Avenue in Linden, New Jersey, with Elegant Seating Design.
    • Leased 8,780 square feet to VIK XS Services at 1010 West Elizabeth Avenue in Linden, New Jersey.
    • 6,211-square-foot lease renewal at 1001 Roosevelt Avenue in Carteret, New Jersey, for three years with Earth Relocation, an international moving and shipping company.
    •  Leased 2,524 square feet at 1026 West Elizabeth Avenue in Linden, New Jersey, for five years to Sunny Mac LLC, a well-known solar panel installer.

     

    Metz continued, “Good, functional buildings in choice locations will continue to perform exceptionally well for the foreseeable future.” Metz’s brokerage team consists of James (JP) Blasch, sales associate, and Andie Fennimore, sales associate.

     

    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.

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    Bussel Realty Corp
    2 Ethel Road - Suite 202A
    Edison, NJ 08817
    732-287-3777