The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC), a leading New Jersey industrial and retail real estate services firm, today announced the successful sale of 300 Cox Street in Roselle, New Jersey, a 15,996-square-foot industrial warehouse, for $4,325,000.
The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC), a leading New Jersey industrial and retail real estate services firm, today announced the successful sale of 300 Cox Street in Roselle, New Jersey, a 15,996-square-foot industrial warehouse, for $4,325,000.
MIG represented the seller, AHM Cox Real Estate LLC, in the transaction. The buyer, Sun Tees Inc., was represented by an undisclosed broker. The Metz Industrial Group brokerage team was led by Jordan Metz, Principal, along with Benito Abbate, Senior Associate, and James Friel, Sales Associate. MIG has represented the seller in numerous real estate transactions over multiple decades. The client originally acquired 300 Cox Street for its business operations and, after outgrowing the facility, turned to MIG to facilitate the property's sale.
"The market for small-bay industrial properties across New Jersey continues to outperform many other asset classes, fueled by limited inventory and steady demand from owner-users, distributors, manufacturers, and service-related businesses," said Jordan Metz. "Well-maintained facilities in strategic infill locations, such as 300 Cox Street, remain highly sought after because they provide operational flexibility and excellent connectivity to major transportation corridors."
Located within a designated Urban Enterprise Zone (UEZ), 300 Cox Street offers 15,996 square feet of industrial space featuring 14-foot clear ceiling heights, approximately 11,000 square feet of temperature-controlled warehouse space, two tailboard loading positions, one drive-in door, a wet sprinkler system, and 12 on-site parking spaces.
The property's strategic location provides exceptional regional accessibility, with convenient connections to Routes 1 & 9, the New Jersey Turnpike, the Garden State Parkway, Port Newark-Elizabeth, Newark Liberty International Airport, and the greater New York City metropolitan area.
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