A manufacturer that is moving operations from Brooklyn has purchased a 55,560-square-foot industrial building in Carteret, in a $5.1 million sale brokered by Bussel Realty Corp.
New Jersey’s booming industrial market has pushed Bussel Realty Corp. to add to its brokerage team with two new hires, the Edison-based real estate services firm said Wednesday.
A snack manufacturer is relocating to Edison from Brooklyn after acquiring a 35,316-square-foot industrial property in the township, Bussel Realty Corp. said Monday.
It was New Jersey’s largest industrial lease of the fourth quarter — and it was a fitting end to the year for a market that has been fueled by e-commerce tenants and big box construction. But the commitment by Modway Furniture was every bit as notable for its location as it was for its size.
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.
Bussel Realty Corp. has brokered the sale of a 95,483-square-foot warehouse in Piscataway, where the buyer now plans to relocate a manufacturing operation from New York City to its newly acquired space.
A freight forwarding and supply chain management firm has renewed its nearly 300,000-square-foot lease at a Carteret industrial property, brokers with Bussel Realty Corp. said Monday.
