1665 Jersey Ave. in North Brunswick — Courtesy: Bussel Realty Corp.
By Joshua Burd
A logistics firm has subleased 109,000 square feet at a North Brunswick industrial building, in a newly announced deal by Bussel Realty Corp.
The user, Meiya Capital Inc., will occupy the space at 1665 Jersey Ave. under an agreement with master tenant Pioneer Commodities USA LLC. The transaction provides it with a location just off Route 1, giving it quick access to Exit 9 of the New Jersey Turnpike and other nearby highways, in a facility that has 24-foot ceiling heights.
BRC Vice President Eric Koons represented Meiya Capital, while Cushman & Wakefield represented Pioneer Commodities.
“It was a pleasure to assist Meiya Logistics in expanding their operational footprint in the northern New Jersey industrial market,” Koons said. “With superior access to major roadways, Meiya plans to utilize the site at 1665 Jersey Avenue to enhance their operational capabilities, support their ongoing expansion efforts, and continue delivering premier customer solutions and service.”
In a news release, BRC noted that the space is part of a 547,333-square-foot industrial building with 38 tailboards, access to a Conrail line, heavy power, wet sprinklers and parking for 71 cars and 109 trailers. The facility sits on 28.45 acres.
