Choosing a Commercial Real Estate firm is not easy.
Bussel Realty Corporation (BRC) offers the right combination of dedication, strong market knowledge, and substantial resources to provide clients with competitive products, exceptional customer service and local personalized support.
Through our over 40 years of experience selling and leasing
commercial real estate, we will provide you an opinion of
value, free of charge, and illustrate how we can maximize
the sale price of your property should you choose to sell.
Search our extensive database of property for sale or lease or call 732-287-3777 for professional assistance.
Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced that its leased the entire 47,000-square-foot industrial property located at 60 Grant Street in Carteret, New Jersey.
Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced VanMoof USA, Inc. subleased 16,715 square feet at 25 Cotters Lane in East Brunswick, New Jersey, a 41,340-square-foot industrial property.
Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, today announced its launched a new Retail Brokerage Division that expands BRCís offering of commercial real estate brokerage services to focus on the retail market. Chandler Vanderbeek, vice president, and Connor Vanderbeeck, vice president, of BRC, joined the company to spearhead the new Retail Brokerage Division practice. At BRC, Chandler and Connor will be responsible for all operations of the retail division including research, property marketing, and transaction services.
More than 4+ million square feet leased during the second quarter of 2022 in the Northern/Central NJ industrial market. Compared to the second quarter from a year ago, leasing activity decreased approximately 4 million square feet due to the scarcity of inventory. However, the market overall average asking rent rose to approximately $12.00 to $14-persquare-foot, an increase of $2.00-per-square-foot over the same quarter last year. Availability/vacancy rate ticked downward from just over 2 percent in the second quarter 2021, to sub-2 percent, despite millions of square feet of new construction coming online during the year. Over the past 12 months, the total overall sales volume exceeded $2.1 billion, with the average asking price at approximately $180 to $250-per-square-foot; near historical highs for the New Jersey marketplace.