19 Royal Road in Flemington — Courtesy: Remco Realty Group
By Joshua Burd
A multitenant, 20,000-square-foot industrial building in Flemington has changed hands, following a recent transaction by Remco Realty Group.
The firm announced that an investment group has acquired 19 Royal Road, a net leased building just north of Route 202. Sitting on about 2.35 acres, the complex is home to tenants including Cooper Electric Supply, which has occupied 40 percent of the property since 2003.
Terms were not disclosed.
Peter Gallicchio, president of Remco Realty Group, represented the buyer. He cited features such as 20-foot ceiling heights, three loading docks and one drive-in door, while also highlighting its location at the midway point between the Lehigh Valley industrial hub in Pennsylvania and Port Newark-Elizabeth.
