4 — May 2025 — Central New Jersey — M id A tlantic Real Estate Journal
www.marej.com
C entral N ew J ersey New CoStar Research Report highlights BRC’s industrial market dominance Bussel Realty Corp. leads Central NJ Industrial Sales Market
DISON, NJ — Bussel Realty Corp. (BRC) , announced they are the leader in representing more in- dustrial real estate properties for sale in Central New Jersey, according to a April 2025 re- search report by Costar, Inc. , an industry-leading commer- cial real estate information, analytics and news platform. In the first quarter of 2025, BRC also led the way with over 25 transactions ranging in sizes from 1,500 to 150,000 s/f. According to Costar, BRC is the exclusive brokerage E
representative for more in- dustrial properties in the size range of 15,000 to 200,000 s/f in Middlesex and Union County. Currently, the company repre- sents 10 industrial properties that are for sale in these sub- markets, which include: • 300 Cox St., Roselle, totaling 16,000 s/f • 169-197 East Highland Pkwy., Roselle, totaling 32,000 s/f • 2 Corporate Place, Piscataway, totaling 44,362 s/f • 1453 Jersey Ave., North Brunswick, totaling 49,000 s/f
• 1100 Milik St., Carteret, totaling 50,000 s/f • 50-60 Parkway Place, Edison, totaling 50,422 s/f • 500 Metuchen Rd., South Plainfield, totaling 53,000 s/f • 7-10 Cragwood Rd., Avenel, totaling 60,000 s/f • 4 American Way, Spotswood, totaling 79,500 s/f • 100 Middlesex Avenue, Carteret, totaling 110,000 s/f “Costar’s report is a testa- ment to the professionalism of BRC in representing our cli- ent’s real estate requirements, whether it is a for sale or lease assignment or locating the op- timal location and property for their business or investment,” said Gregory Irving, SIOR , executive vice president and partner at BRC. “For over 45 years, our clients have trusted us to procure the ideal buyer or property to purchase or lease,” added Steve Bussel, SIOR , president of BRC. BRC announced its brokered the sale of 400 Cottontail Lane in Somerset, a 55,000 s/f indus- trial property, to Mack Boring & Parts for $13.865 million. Irving, and Steve Jaynes , industrial specialist, of BRC represented the seller, Hsu Property Holdings, in the transaction. The buyer, Mack Boring & Parts, was repre- sented by CBRE . “We are thrilled to an- nounce the sale of 400 Cot- tontail Lane in Somerset, a well-located industrial prop- erty near I-287,” said Irving. “The property has expansion capabilities ideal for Mack’s customer base representing approximately 300 authorized dealers across 26 states.” 400 Cottontail Lane, con- sists of 55,000 s/f of industrial space, with three tailboards, one drive-in door, 25’6” ceil- ings, heavy power, wet sprin- klers and ample parking. BRC leased 25,000 s/f of industrial space, Units 6 through 10 at 72 Veronica Ave. in Somerset, a 50,000 s/f industrial building, to Infinity Fragrances LLC. The transac- tion brings the property to 100 percent occupancy. Irving and Anthony Mirco- vich , vice president, of BRC represented the landlord, Ve- ronica Development As- sociation , in the transaction. Infinity Fragrances LLC was represented by Antonio De- Cicco of ReMax Instyle Realty . MAREJ
2 Corporate Place, Piscataway
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