11-18-22

2B — November 18 - December 22, 2022 — New Jersey — M id A tlantic Real Estate Journal

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N ew J ersey

ETUCHEN AND SOMERSET, NJ — Bussel Realty M Bussel & Irving, SIOR complete Metuchen transaction Bussel Realty Corp. leases 62,802 s/f at 60 Leonard Street

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Corp. (BRC) announced it leased 62,802 s/f at 60 Leonard St. in Metuchen, a 158,641 s/f industrial property, to Stephen Izzi Trucking. Steve Bussel , president of BRC represented the landlord, Seagis Property Group . Gregory Irving, SIOR , ex- ecutive vice president of BRC, represented the tenant in the transaction. Irving has represented Ste- phen Izzi Trucking in several other transactions in a rela- tionship that spans nearly 25 years. When this specific re- quirement was introduced to Irving, he quickly surveyed the available inventory, and in con- junction with Bussel, quickly consummated this transaction. Steve Bussel had recently sold the property to Seagis, and was able to innumerate the benefits of this property to Stephen Izzi Trucking. 60 Leonard St. is located near I-287 and Exit 10 of the New Jersey Tpke. The prop- erty features 21-foot ceiling heights, 20 tailboards, +/-7,000 s/f offices, trailer parking and sits on 7.5 acres. EFSR sprin- klers are being installed.

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60 Leonard St. in Metuchen

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275 Pierce St. in Somerset

industry, A3K Imports did not feel the effects of the pandemic on their business since their products were essential to all consumers.” Irving has represented the landlord for over 20 years at the site. He has had a long- term relationship with the landlord having sold them the property in the early 2000’s. Currently, Irving is handling an available site with approv- als for a 60,000 s/f warehouse in Raritan. 275 Pierce St. is located near I-287 and Exit 10 of the New Jersey Tpke. MAREJ

Bussel Realty Corp. an- nounced it leased 52,291 s/f at 275 Pierce St. in Somerset, a 102,994 s/f industrial property, to A3K Imports. Irving represented the land- lord, 275 Pierce Street LLC, in the transaction. The tenant, A3K Imports, was represented by Anthony Mircovich, vice president, and Steve Jaynes , industrial specialist, of BRC. “A3K Imports has been ex- panding at an extremely rapid rate, having started in only 5,000 s/f in Somerset just 3 years ago,” said Mircovich. “As a distributor in the food

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