The Metz Industrial Group of Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, today announced its leased the entirety of 1200 Milik Street in Carteret, New Jersey, a 150,000-square-foot industrial building, to an undisclosed food purveyor.
The Metz Industrial Group of Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, today announced its leased the entirety of 1200 Milik Street in Carteret, New Jersey, a 150,000-square-foot industrial building, to an undisclosed food purveyor.
Jordan Metz, senior vice president, of the Metz Industrial Group at BRC represented the tenant. The landlord, CenterPoint Properties, was represented by KBC Advisors.
“After an exhaustive search within the port-proximate New Jersey region, our client selected 1200 Milik Street in Carteret to expand and service its growing business,” said Metz. “The company’s decision to establish a major warehouse here is a testament to the location and other advantages that Carteret affords.”
“Situated less than 15 miles to Port Newark/Elizabeth and boasting immediate access to the New Jersey Turnpike and Routes 1&9, 1200 Milik Street is strategically located for the shipping and logistics needs of modern industrial tenants, with the ability to draw from an abundant local labor pool. With space along the New Jersey Turnpike corridor in short supply, we are pleased to have helped our client secure this critical warehouse space for their operations,” added Metz.
1200 Milik Street in Carteret, New Jersey, is a 150,000-square-foot industrial property located near the New Jersey Turnpike and minutes to Route 1-9, the Goethals Bridge, Newark Liberty Airport and Port Newark/Elizabeth. The property features 5,142-square-foot offices, 25-foot ceilings, 13 tailboards, one drive-in door, wet sprinklers, heavy power and 93 surface parking spaces.
About CenterPoint Properties
CenterPoint Properties is a company that invests primarily in real estate used for intermodal freight transport. The company owns 325 buildings containing 58 million square feet, including the CenterPoint Intermodal Center, the Chicago International Produce Market and the Kansas City Plant.
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.
###