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Real Estate Journal — New Jersey — June 13 - 26, 2014 — 3B
www.marejournal.com
M id A tlantic
N ew J ersey
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S Demetsky of Jones Lang LaSalle represents seller Bussel brokers sale of 102,108 s/f industrial facility in NJ OUTH BRUNSWICK, NJ — Bussel Realty Corp. (BRC) , an indus-
QUALITY • COMMITMENT • PERFORMANCE
trial real estate services firm in New Jersey, announced it has brokered the purchase of 138 Georges Rd. in South Brunswick, a 102,108 s/f indus- trial facility. The property was purchased by Modway East End Imports for an undis- closed amount from LIT In- dustrial Limited Partnership, a Clarion Partners property. Senior vice presidents David Posner , Robert Sager and David Blitt of BRC repre- sented the purchaser. Clarion Partners was represented by Nate Demetsky of Jones Lang LaSalle . “The Georges Road purchase is a good fit in Modway’s stra- tegic growth plan, offering flex- ibility for the innovative fast growing company,” said Blitt. Sitting on 19 acres of land, KRE Group renos. Bridgewater office building BRIDGEWATER, NJ — KRE Group , a privately held real estate company in New Jersey, announced that it has completed renovations at 991 Rte. 22, a class A office build- ing in Bridgewater. The newly-upgraded 41,975 s/f building now includes a full-service café for tenants and a completely renovated lobby. New carpet, wallpaper and furniture added to the lobby bolster the modern at- mosphere of the building. The renovation was part of a proactive, portfolio-wide ef- fort by KRE Group to improve and modernize its commercial buildings, allowing the ser- vices and amenities to grow as tenants’ businesses develop and their needs evolve. “The recent renovation pro- gram executed at 991 Rte. 22 demonstrates KRE’s commit- ment to attracting and retain- ing high-quality commercial tenants,” said Justin Ginge- leskie , director of leasing for KRE Group. n
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138 Georges Rd.
138 Georges Rd. is a 102,108 s/f warehouse which features high 25’ ceilings, 40’ by 50’ column spacing, eight loading docks and one drive-in door with 2,108 s/f of office space. The property offers ample parking and plenty of acreage
for expansion. Strategically located near Route 130, the New Jersey Tpke. at Exit 8A and Rte. 1, 138 Georges Rd. provides immediate access to points north and south and is equidistant between Boston and Washington DC. n
DOMINANCE.
Dominance: “...most in uential, having a commanding position.” (Webster’s) New Jersey’s dominant brokerage rm specializing in the sale of multi-family, retail, and commercial investment properties for private investors, REITS, and other institutional clients.
RECORD Q1 2014 34 Closings!! 1,957 Units $121,057,500
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