150 Pacific Ave. in Jersey City — Courtesy: Bussel Realty Corp.
By Joshua Burd
An event rental company has taken nearly 32,000 square feet at a Jersey City industrial building, in a newly announced deal by Bussel Realty Corp.
The tenant, Cabaret Rentals Inc., is leasing the unit at 150 Pacific Ave. under a deal with Eden Wood Realty Corp. It will use the 31,567-square-foot space to serve clients throughout the tristate area, BRC said, noting that the company provides tents, furniture and other equipment for a wide range of events in the region and specializes in both large and small functions.
Jordan Metz, a principal with the Edison-based brokerage firm, as well as Senior Associate Benito Abbate and Sales Associate James Friel, represented the landlord.
“This deal reflects the kind of demand we continue to see for well-located, well-managed industrial product in core New Jersey submarkets,” Abbate said. “150 Pacific Avenue checks every box for operators that need immediate access to Manhattan and the port markets. Cabaret Rentals is a great fit for the space. We’re glad to help deliver another strong outcome for Eden Wood and appreciate the smooth collaboration from all sides.”
Set on 18 acres, 150 Pacific Ave. is a 350,295-square-foot complex located off Exit 14B of the New Jersey Turnpike with immediate access to the Holland Tunnel and Interstate 78, the news release said. The property has 28-foot-high ceilings, nine loading docks, five drive-in doors, dry sprinklers, 2,000 amps of heavy electric power and five acres of industrial outdoor storage space and trailer and car parking.
