Metz Industrial Group of Bussel Realty Corp. Brokers $6.35M Sale of 740 Lloyd Road in Aberdeen, N.J.

The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC), a leading industrial and retail real estate services firm in New Jersey, today announced the sale of 740 Lloyd Road in Aberdeen, New Jersey, a 6.0-acre industrial outdoor storage (IOS) property featuring six warehouse and maintenance facilities totaling 30,000 square feet. The property sold for $6,350,000.

Metz Industrial Group of Bussel Realty Corp. Brokers $6.35M Sale of  740 Lloyd Road in Aberdeen, N.J.
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    Metz Industrial Group of Bussel Realty Corp. Brokers $6.35M Sale of 740 Lloyd Road in Aberdeen, N.J.

    The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC), a leading industrial and retail real estate services firm in New Jersey, today announced the sale of 740 Lloyd Road in Aberdeen, New Jersey, a 6.0-acre industrial outdoor storage (IOS) property featuring six warehouse and maintenance facilities totaling 30,000 square feet. The property sold for $6,350,000.

    MIG represented both the seller, Keynet Aberdeen LLC, and the buyer, RCG Realty LLC, in the transaction. The acquisition was completed as part of RCG Realty's tax-deferred 1031 exchange following the successful sale of its 4.8-acre industrial outdoor storage property at 1200 Springfield Road in Union, New Jersey, where the Metz Industrial Group also represented RCG Realty. By strategically coordinating the disposition and identifying replacement assets that met the exchange requirements, MIG enabled RCG Realty to successfully reinvest the proceeds into 740 Lloyd Road.

    The Metz Industrial Group team was led by Jordan Metz, Principal, together with Benito Abbate, Senior Associate, and James Friel, Sales Associate.  Metz Industrial Group will spearhead the leasing of the property, positioning 740 Lloyd Road as a premier industrial outdoor storage opportunity for businesses seeking well-located, functional space, while ownership is investing in additional improvements designed to enhance the property and create long-term value.

    "Industrial outdoor storage properties continue to attract significant investment interest as users and investors compete for a limited supply of well-located assets throughout New Jersey," said Jordan Metz, Principal of the Metz Industrial Group at Bussel Realty Corp. "The successful execution of this 1031 exchange demonstrates the continued appeal of functional IOS properties that offer immediate utility, strong transportation access, and long-term value. With available inventory remaining constrained, strategically located assets like 740 Lloyd Road continue to be highly sought after by both private investors and owner-operators."

    740 Lloyd Road features 6.0 acres of paved and illuminated outdoor storage and parking space, along with six maintenance and warehouse facilities totaling 30,000 square feet. The property offers direct access to Route 35 and the Garden State Parkway and is approximately 30 miles from Newark Liberty International Airport and Port Newark–Elizabeth.

    About Keynet Aberdeen LLC

    Keynet Aberdeen LLC is a New Jersey-based real estate ownership entity focused on the acquisition, ownership, and management of industrial real estate assets. Through the ownership and operation of strategically located industrial properties, the company provides functional facilities that support transportation, logistics, contractor, and industrial service businesses throughout the region.

    About Bussel Realty Corp. / Metz Industrial Group

    Operating as a prominent team within the firm, the Metz Industrial Group (MIG) of BRC is a high-performance industrial real estate brokerage and investment team specializing in small-bay, industrial outdoor storage (IOS), and last-mile logistics assets throughout New Jersey. Founded and led by industry veteran Jordan Metz, The team consistently ranks among New Jersey's leading industrial brokerage groups and has completed more than $1 billion in industrial real estate transactions.

    Bussel Realty Corp. (BRC) is a leading industrial and retail real estate services firm based in Central New Jersey, with one of the state's largest dedicated industrial brokerage staffs and individual memberships in the Society of Industrial and Office Realtors (SIOR). BRC provides leasing and sales brokerage services to corporate occupiers, landlords, retailers, owners, and investors, representing millions of square feet of property and tenant client assignments annually.

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