Metz of Bussel Realty Signs Three Leases with Seagis Property Group

Senior Vice President Jordan Metz of Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, recently closed three leasing transactions in Linden and Carteret, New Jersey, with Seagis Property Group, a leading owner of industrial real estate in New Jersey, New York City, and South Florida.

Metz of Bussel Realty Signs Three Leases with Seagis Property Group
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    Metz of Bussel Realty Signs Three Leases with Seagis Property Group

    Senior Vice President Jordan Metz of Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, recently closed three leasing transactions in Linden and Carteret, New Jersey, with Seagis Property Group, a leading owner of industrial real estate in New Jersey, New York City, and South Florida.

    Metz leased Units 2 and 3 of 1001 Roosevelt Avenue in Carteret, New Jersey, totaling approximately 21,917 square feet, bringing the property to near full occupancy.  He leased Unit 5 to BHB Trading, a cosmetics distributor, three years ago and the company expanded into Unit 3.   He also leased Unit 2 to Nirwana Foods, a manufacturer and direct importer of foods, spices, and other health products.  Metz represented the landlord, Seagis Property Group in these transactions.  Seagis had just finished its renovations to the units.  Metz had originally arranged the sale of this asset to Seagis, which closed on the property in December 2018.  Subsequently, Metz was retained as the exclusive leasing agent for the property in 2019.

    Metz leased approximately 10,331 square feet in Unit 5 at 1026 West Elizabeth Avenue in Linden, New Jersey, to FinishMaster.  FinishMaster, a national leader in the automotive aftermarket, was represented by NAI James E Hansen.  Metz represented the landlord, Seagis Property Group, in the transaction. With this transaction, Metz brought the property to full occupancy. The new lease with FinishMaster commences as the prior lease in the space expired, providing for zero vacancy/down time in between tenants at the building.    

    About Segis Property Group

    Seagis Property Group LP was founded in 2005 and is a leading owner of industrial real estate in New Jersey, New York City and South Florida. Seagis owns over 11.5 million square feet of warehouse space with a particular focus on Northern New Jersey, the Queens/Brooklyn/Bronx markets, and Miami and Ft. Lauderdale.

    About BHB Trading

    BHB Trading carries top line skin care, ethnic hair care and health and beauty products. The company has a huge collection of imported European and African skin care products.

    About Nirwana Foods

    Nirwana Foods was established by experienced traders with a background in the import-export of food, health and beauty products from various parts of the world. We are a manufacturer and direct importer of a variety of food products such as spices, health drinks, nuts, grains, and tea.

    About FinishMaster     

    Founded in 1968, FinishMaster has grown to be the national leader in the automotive aftermarket.  FinishMaster has grown from a single outlet to a team of more than 1,900 members.

    About Bussel Realty Corp.s6r1

    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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