N ew J ersey S hopping C enters C entral NJ S potlight

M id A tlantic Real Estate Journal — Central NJ — November 18 - December 22, 2022 — 5B


Donations presented to Edison Township Police Dept.’s K-9 unit and Sarah’s Daughter IMC Construction celebrates grand opening of a new office in Edison, New Jersey E

DISON, NJ — IMC Construction , recently held a ribbon-cutting ceremony to celebrate the grand opening of a new office in Edison. IMC employees, clients, sub- contractors, and government leaders attended the event, including Mayor Joshi of Edi- son and council president Joyce Watterman. The ribbon-cut- ting ceremony was conducted by CEO/president Robert Cot- tone , Chief Operations Officer Michael Lloyd , vice president of New Jersey Division Alex Craig , and Mayor Joshi. Lloyd welcomed attendees to the event and spoke of IMC Construction's future in New Jersey. “Approximately 50% of our work program will be in New Jersey next year, which is over $200M in 2023. I fully expect that in five years, this will be a 100-person office and

IMC Construction held a ribbon-cutting ceremony to celebrate the grand opening of new office located at 333 Thornall St., Edison.

we will be doing $400M of work in New Jersey,” he said. As part of the ceremony, IMC presented donations to Edison Township Police Department’s K-9 Unit and Sarah’s Daugh- ter, a foundation for Domestic

Violence Awareness. “IMC Construction is cur- rently managing millions of dollars in the construction industry, and they’re bring- ing in hundreds of jobs," said Mayor Joshi as he accepted the

donation on behalf of Edison Township Police Department’s K-9 Unit. “Thank you to IMC for generously donating to Edison Township, we welcome you here.” The new IMC office is located

at 333 Thornall St. close to the MetroPark Train Station and New Jersey Tpke. This is the third office for IMC with the headquarters in Malvern, PA, and the second office in Phila- delphia, PA. MAREJ

Marchisio, Governara & Maffey of Lee & Associates NJ arranges $36.5M Middlesex County industrial asset sale

SOUTH PLAINFIELD, NJ — Lee & Associates New Jersey has orchestrated

distribution,” Governara said. “Marcus Partners was looking for a specific invest- ment type, and all the stars aligned to make this an at- tractive deal in a competitive marketplace.” Marcus Partners ultimate- ly secured a solid new ad- dition to its growing New Jersey portfolio, Governara added. “This company was fantastic to work with, espe- cially Todd Minerly, SVP of acquisitions, who helped to bring this deal over the finish line,” she said. 18-20 Harmrich Road sits on 17 acres in the heart of one of the most densely popu- lated industrial corridors in Northern New Jersey. The multi-tenant property is lo- gistically close to Port New- ark-Elizabeth, I-287, the New Jersey Turnpike, and Routes 1 and 9. Adding to the appeal, the property offers significant outdoor storage, up to 28-foot clear ceiling heights, ample parking and multiple loading docks. MAREJ

the $36.5 m i l l i o n sale of an 200,000 s/f, two-build- ing Middle- sex County industrial property. B o s t o n - based Mar- cus Part- ners ac- quired 18-20 Harmrich Rd. in South Plainfield from a pri- vate owner- ship entity. Lee & A s s o c i - ates’ Rick Ma r ch i - sio , vice president and princi- pal; Crista Governara ,

Rick Marchisio

Crista Governara

18-20 Harmrich Rd. aerial off-market transaction. “The New Jersey industrial market is extremely tight, and this is a highly desirable,

fully tenanted warehouse property in a submarket that has emerged as a sought- after location for last-mile

vice president and partner; and Drew Maffey , partner, represented the seller and procured the buyer in the

Drew Maffey

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