Vericon Construction buys 7,000 sq. ft. in Springfield, BRC says

Jan 27, 2025 | Deals, Industrial

20 Commerce St. in Springfield — Courtesy: Bussel Realty Corp.

By Joshua Burd

A construction firm has acquired a 7,000-square-foot industrial building in Springfield for nearly $1.9 million, in a newly announced deal by Bussel Realty Corp.

The brokerage team’s Gregory Irving represented Fortress Group LLC, the seller of the property at 20 Commerce St., in the transaction with Vericon Construction Company LLC. He noted that the property is minutes from Route 22, the Garden State Parkway and other major highways, with features including 14-foot ceiling heights and 25 car parking spaces on the 0.78-acre site.

NAI DiLeo-Bram & Co. represented the buyer in the $1.88 million deal.

“It was a pleasure to represent Fortress Group in procuring the ideal buyer for their property,” said Irving, an executive vice president with BRC. “I have represented my client on multiple transactions in the past, and appreciate their loyalty and the opportunity to service Fortress’ real estate needs.”

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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