175 Lehigh Ave. in Lakewood — Courtesy: Bussel Realty Corp.
By Joshua Burd
An investor has purchased a nearly 53,000-square-foot industrial building in Lakewood, in a newly announced transaction by Bussel Realty Corp.
According to the brokerage firm, a buyer listed as 175 Lehigh LLC paid an undisclosed sum for the property at 175 Lehigh Ave. BRC President Steve Bussel represented the seller, Shore Point Partnership, noting that the 52,500-square-foot structure is located near Route 9 and the Garden State Parkway, featuring 2,500-square-foot offices, 20- to 28-foot ceiling heights, six tailboards, one drive-in door and ample parking.
“It was a pleasure to work with Shore Point Partnership, a longtime client of mine, in the sale of 175 Lehigh Avenue, an outstanding industrial property investment in a strong Ocean County market,” Bussel said.