Bussel Realty Corp Represents Sale of 60 Leonard Street in Metuchen, New Jersey

Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, today announced it represented the sale of 60 Leonard Street in Metuchen, New Jersey, a 158,641-square-foot-industrial-building, for $23.8 million.

Bussel Realty Corp Represents Sale of 60 Leonard Street in Metuchen, New Jersey
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    Bussel Realty Corp Represents Sale of 60 Leonard Street in Metuchen, New Jersey

    Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, today announced it represented the sale of 60 Leonard Street in Metuchen, New Jersey, a 158,641-square-foot-industrial-building, for $23.8 million.

    Steve Bussel, president of BRC, represented the seller, P & V Wholesale & Distribution, and the buyer, Seagis Property Group, in the transaction.

    60 Leonard Street in Metuchen, New Jersey, is a 158,641-square-foot industrial property located near I-287 and Exit 10 of the New Jersey Turnpike. The property features 21-foot ceiling heights, 20 tailboards, +/-7,000-square-foot offices, trailer parking and sits on 7.5 acres. EFSR sprinklers are being installed.  Currently, there is 63,238 square feet available for lease.

    About Seagis Property Group

    Seagis Property Group LP was formed in 2005 and is a leading investor and owner of industrial and logistics real estate with a particular focus in New Jersey, New York City, JFK Airport, Eastern Pennsylvania, and Miami /Ft. Lauderdale markets.

     

    About Bussel Realty Corp.

    With one of the largest dedicated industrial brokerage staffs in New Jersey, Bussel Realty Corp. (BRC) is a leading industrial/retail 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, retailers, 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, retail 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