16B — April 10 - 23, 2015 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N ew J ersey At a 90,000 s/f industrial property in Carteret, NJ Bussel leases 19,400 s/f at 1001 Roosevelt Ave. in Carteret, NJ
UPCOMING NEW JERSEY SPOTLIGHTS!
MAY 15th, 2015 CENTRAL NEW JERSEY DEADLINE: April 24th
DISON, NJ — Bussel Realty Corp. (BRC) , a leading corporate and industrial real estate services firm in New Jersey, announced Russel Company Inc. has leased 19,400 s/f at 1001 Roosevelt Ave. in Carteret, a 90,000 s/f industrial property. BRC presi- dent Steve Bussel, SIOR , was responsible for the transaction and represented the landlord. Newmark Grubb Knight Frank represented the tenant. “With this transaction, there is only one remaining unit of 17,250 s/f available at 1001 Roosevelt Avenue,” said Bussel. “The property’s location near E
June 12th, 2015 NORTHERN NEW JERSEY DEADLINE: May 29th
SUBMIT ARTWORK AND EDITORIAL TODAY! EMAIL LCHRISTMAN@MAREJOURNAL.COM
1001 Roosevelt Ave.
the ports, Newark Liberty Air- port and the Goethals Bridge to Staten Island and Brooklyn is in hot demand by industrial users, many of whom are re- locating from the Boroughs of New York.” Totaling 90,000 s/f, 1001 Roo- sevelt Ave. is prominently lo- cated next to Exit 12 of the New Jersey Turnpike. The prop- erty offers 14- to 27-foot ceil- ing heights, 35-foot by 35-foot column spacing, 17 tailboards, three drive-ins, 1500 amps of electric power, wet sprinklers, and 40 parking spaces. n The Berger Org. leases 11,400 s/f at Military Park Building NEWARK, NJ — The New- ark Downtown District (NDD) has relocated its headquarters and other operations to The Berger Organization ’s Mili- tary Park Building at 60 Park Place in Newark. NDD’s 11,400 s/f commitment is the latest in a series of new leases and renew- als at the signature 89-year-old, 250,000 s/f property. The NDD’s 12-year commit- ment at 60 Park Place includes the entire 5,000 s/f 21st floor, which will be the organiza- tion’s executive offices. A 1,400 s/f space off the lobby, which has its own street and lobby entrances, will be utilized as a police substation, and a 5,000 s/f basement space will also be utilized by the police, as well as NDD’s Ambassador Program. “The Berger Organization is a class act – they do things at a different level,” said An- thony McMillan, CEO of NDD, who anticipates a move-in by September. “The way the property is managed is quite impressive.” n
287,000 SF 1,300,000 SF TO NJ TPKE EXIT 8A NEW CONSTRUCTION
Lease with the
Market Leader
Heller Industrial Parks - 205 Mill Road, Edison NJ 08837 (732) 287-4880
Made with FlippingBook - Online Brochure Maker