In September, brokers with Bussel Realty Corp. arranged the sale of a 27-acre site in East Windsor that will be home to a new 410,000-square-foot distribution center. — Courtesy: Bussel Realty Corp.
By Joshua Burd
It was a 27-acre land sale last September that gave way to one of East Windsor’s newest industrial projects, but it wasn’t the first time the property had changed hands.
The site at 159 Milford Road, which sits across the street from Conair Corp.’s headquarters, has been bought and sold three times over the past 20 years, according to John Cascio of Bussel Realty Corp. Conair has been either the buyer or the seller in each of the transactions, with Cascio and his partner, Stephen Nozza, representing the company each time.
The land may have finally found its highest and best use.
“That was a very, very long-term type of sale,” Cascio said. “It took quite a while to get everything in line to get that deal done, but the mayor was very bullish on it and everything worked together.”
The site will become home to Gateway Twin Rivers, a 410,000-square-foot industrial facility being developed by Trammel Crow Co. In a ceremonial groundbreaking last fall, an executive with the firm touted the potential of East Windsor and the Exit 8 submarket.
“As one of the first new Class A distribution facilities being developed in East Windsor, we are confident that 159 Milford Road will be met with significant market interest,” said Andrew Mele, managing director in Trammel Crow’s northeast metro division. “This project presents the market with an ideal opportunity to take brand new product located immediately off of the Turnpike.”