Advanced Industrial Team at BRC Announces 5-Year IOS Lease in Kearny, New Jersey

The Advance Industrial Team of Bussel Realty Corp. (BRC), a leading industrial real estate services firm in New Jersey, today announced the successful leasing of two acres of industrial outdoor storage (IOS) at 80 Campus Drive in Kearny, New Jersey.

Anthony Rittwager, Senior Vice President, and Matthew Phillips, Director of Asset Services of The AI Group, represented Lico Transport, while CBRE represented the landlord, Hugo Neu Realty Management. The signing of this lease supports Lico Transportation's drayage and transportation services by providing strategic proximity to Port Newark and ample storage for containers and equipment, which is essential for the efficiency and scalability of their operations.  
 

Matthew Phillips at The AI Group, added, "The closing of this transaction, especially in today's challenging and rapidly changing IOS market, highlights our ability to secure valuable deals for our clients; our expertise and dedication ensure that we consistently deliver results.”

About Lico Transport

Lico Transport is a privately owned trucking company, based in Kearny, New Jersey, that specializes in intermodal transportation services. The company has been servicing the East Coast since 2018 by providing prompt, reliable, and cost-effective transportation services to customers. Since the inception of the company, the promise of a reliable service to all customers has remained its top priority.

About The AI Group of BRC

The Advance Industrial Group (The AI Group) is a strategic team within Bussel Realty Corp. that leverages a proprietary platform to optimize the equity and position of industrial real estate owners and occupiers alike; often driven by estate planning for generational wealth creation and preservation. The team is comprised of members from varied backgrounds including military roots, tax accounting, family trucking and facility maintenance businesses, among others.  These experiences afford a deep understanding of business planning and market dynamics, which delivers tailored solutions to meet the unique needs of their clients.

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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