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2A — January 25 - February 7, 2019 — M id A tlantic

Real Estate Journal

www.marejournal.com

M id A tlantic R eal E state J ournal Publisher, Conference Producer . .............Linda Christman AVP, Conference Producer ...........................Lea Christman Account Executive ........................................Joe Christman Account Executive ........................................... Steve Kelley Account Executive ............................................. Kim Brunet Account Executive ........................................ Marisol Chase Account Executive .........................................Alyson Parker Senior Editor/Graphic Artist ..........................Karen Vachon Office Manager ...............................................Kerrin Devine Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal 350 Lincoln St, Suite 1105, Hingham, MA 02043 USPS #22-358 | Vol. 31, Issue 2 Subscription rates: $99 - one year, $148 - 3 years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 | Fax: 781-740-2929 www.marejournal.com The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal

M id A tlantic Real Estate Journal

Peter Gallicchio

B RANCHBURG, NJ — Peter Gallicchio presi- dent of Somerset, NJ based Remco Realty Group has announced that the firm recently sold a single tenant net leased Industrial property located at 335 Chambers Brook Rd. to a New Jersey based investment group. The sale involved a six year old 19,890 s/f industrial building that sits on 1.5 acres and features 26’clear ceilings, 2 loading docks, one drive-in door and 6,500 s/f of two story office space. This marks the sixth industrial building that Remco has sold in Branchburg over the past four years! The property is located in the Branchburg Business Park, mid- way between the Lehigh Valley Industrial Hub in Pennsylvania and Ports Newark and Elizabeth in New Jersey. Branchburg is home to such well known companies as; Amne- al Pharmaceuticals, Agfa Corp., Acorn Display, Biosearch Medi- cal, Beumer Corp., Bio-Connexx, Century Labs, Chubb Insurance, DA Marketing, Falcon Safety, FedEx, GE Power Systems, Hage- lin & Co, Hydromer Inc, Imclone Systems, Intermex of America,

781.740.2900

lea@marejournal.com

real estate auctions

New Jersey Vacant Bank Buildings Auctions Tuesday February 19

335 Chambers Brook Rd.

BURLINGTON, NJ • 322 High St & 323 Wood St 4,600+/- sf three-story building on 1.535+/- ac with frontage on High Street and parking in rear. Close to US-130 and NJ-413. Additionally, there is an off-site brick single story drive-through bank building with approximate 500+/- sf. This building includes two ATM/drive-through lanes on north & south sides of building. Auctions: 10am, Tue Feb 19 on site 4,400+/ sf two-story downtown commercial building with highway NJ-50 frontage and convenient proximity to US 40. Includes vault, open office, private office space, conference rooms, break room, ATM room and bathroom. Also included are two covered drive-thru teller lanes and one walk-up ATM location. Auctions: 1pm, Tue Feb 19 on site 8,500+/- sf two-story downtown building, convenient to the New Jersey Turnpike, I-295 & Hwy 322. Corner building with great curb appeal for retail or business service use. Includes open office space, conference room, small meeting rooms, and safety deposit vault. Auctions: 3:30pm, Tue Feb 19 SWEDESBORO, NJ • 1427 Kings Hwy MAYS LANDING, NJ • 115 Route 50

Kinedyne Corp., Kinetics Sys- tems, Life Cell Corp., Merck & Co, Power Integrations, Phar- max Group, Symrise Inc, Shuutz Container, Tekni-Plex Films,

Trimline Medical, Viva Optique, Voltaix, and Zeus Scientific just to name a few. Remco represented the 1031 ex- change buyer in this transaction. 

Remco Realty Group 370 Campus Drive, Suite 128 Somerset, NJ 08873 T: 732-253-0888

322 High St & 323 Wood St, Burlington

For Sale: SomerSet, NJ Remco Realty Group’s President, Peter Gallicchio is pleased to announce the firm’s recent appointment as exclusive marketing agent for this free-standing 25,000 SF commercial building located next to a 6 month old Super Wawa Gas/Convenience Center. The property, which is being offered for sale, features 125’ of Route 27 frontage, highway signage, and 2.7 acres of land for future expansion. The immediate trade area, which located just minutes from downtown New Brunswick, is going through various phases of re-development, with several multi-family projects being completed, as well as large scale downtown medical and commercial projects in the planning stage. The site benefits from its immediate access to Rtes. 1, 9, 18, 130, I-287, NJ Tpke. and the Garden State Pkwy. Trade area demographics include a population of over 265,000 within a 5 mile radius earning over $98,000 of median household income. The property is zoned (GB) general business which allows for most retail, medical and professional uses. Ideal Uses include: Appliances, kitchen & bath, pools & patio, flooring & tile, HVAC, plumbing, building & electrical suppliers, furniture, sporting goods, equipment rental, lighting showroom, fitness, hardware, surgical supplies, home improvements & furnishings, printing & publishing, offices, education, etc.

115 Route 50, Mays Landing

1427 Kings Hwy, Swedesboro

Open Public Inspections: 11-2pm Fri Feb 1 & 15 All Sell Without Reserve

NJ PETER COSTANZO AUCTIONEERS, INC. PETER COSTANZO, BROKER (732) 776-7222 BUYER’S PREMIUM (BUYER’S FEE IN WI) MAY APPLY. 800.801.8003 • williams auction .com/Surplus

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