4-26-19

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2C —April 26 - May 9, 2019 — Spring Preview — M id A tlantic

Real Estate Journal

N ew J ersey I ndustrial

any clients come to Zimmel Associates of Edison, NJ in need Zimmel Associates Are you considering buying or leasing a warehouse, manufacturing facility or flex space? M

Industrial space must focus on function, efficiency and safety to help increase pro- ductivity and reduce costs. Zimmel Associates is a full service corporate real estate brokerage firm that provides knowledge-driven real estate leasing, sales, consulting and property management ser- vices. Whether negotiating the sale of a 140,000 s/f flex build- ing in South Brunswick; the long-term lease of 90,000 s/f of office space at Metro Park; or securing the ideal 5,000 s/f for a small business, our Teamhas the skills and resources neces- sary to bring deals to closure, time after time. “I’ve had the pleasure of knowing David Zimmel for the past 20 plus years. It’s no secret that real estate bro- kerage is a difficult field to master, and in the time I’ve known David, the industry has undergone dramatic changes - with a decided shift to large, corporate brokerages. It’s no surprise though that David has not only survived, but thrived. He is a diligent, honest and market savvy broker. And I mean broker in every sense of the word - he is a skilled negotiator always working towards a win/win for all par- ties concerned. It’s great to see the 3rd generation of working alongside their Dad - insuring that the Zimmel name will continue to set a standard of excellence in New Jersey brokerage for many years to come.” - Jim Petrucci, J.G. Petrucci Company, Inc. “We’ve been working with members of the Zimmel fam- ily for over 40 years. They’re talented, deeply experienced, and relentlessly hard work- ing. Much more importantly, they’re dedicated to a legacy of customer care that spans three generations. Simply put, when it comes to real estate brokerage services, Zimmel Associates is one of the best in the business.” - Peter Visceg- lia, Federal Business Centers David Zimmel, president and co-founder of Zimmel As- sociates leads an Edison, New Jersey, corporate real estate brokerage firm that handles more than 5 million sq. ft. of exclusive office, industrial and flex space. His career cov- ers more than three decades dedicated to the real estate industry and the closing of more than 3,000 real estate transactions. 

of industri- al space for manufactur- i ng and / o r warehousing. Recent ly , David Zim- me l , CEO, Zimmel As- sociates, han-

David Zimmel

dled the $10.5 million sale of 25 Linden Ave., East Jersey City, NJ, featuring an indus- trial building of 105,000 s/f, which included 12,000 s/f of office space, tailboard load- ing and a tenant with several years left on their lease. The industrial building is in a great location, right off the highway, close to New York City, with convenient access to bridges, tunnels and ports, and directly next to the modern Jersey City Public Works building, which has a 24-hour security guard. Zimmel was able to secure a signed contract in one week and complete the sale within 45 days. If you need industrial space due to expansion, relocation or starting a new business, the first step is to determine the type of space needed: • Warehouse: Warehouse buildings vary greatly in size and are generally one-story with high ceilings. They are primarily used to store and distribute goods. Buildings must be able to efficiently receive, handle and/or ship goods, as well as keep them in a protected environment. Most businesses require a heated warehouse. Zimmel Associates brokered the $9.6 million sale of 18 Engelhard Ave., which is lo- cated in the township’s Avenel section. The buyer will use the warehouse for the distribution of tea, coffee, nonperishable groceries and other goods. The building has eight loading docks, 22-foot ceiling heights and provides quick access to Exit 12 of the New Jersey Tpke. Zimmel Associates, the exclusive broker for United States LandResources handled the lease of 3 Finderne Ave., Bridgewater. The 102,000 s/f, 1-story, free-standing indus- trial building with 24-ft. ceil- ings and 10 tailboard loading docks is conveniently located near Rte. 22 and Rte. 27. • Manufacturing: Manufac-

18 Engelhard Ave.

27 Schoolhouse Rd.

“We’ve been working with members of the Zimmel family for over 40 years. They’re talented, deeply experienced, and relentlessly hard working. Much more importantly, they’re dedicated to a legacy of customer care that spans three generations. Simply put, when it comes to real estate brokerage services, Zimmel Associates is one of the best in the business.” - Peter Visceglia, Federal Business Centers

turing facilities must comply with building codes, zoning requirements and/or construc- tion specifications. Equipment, storage and the use of hazard- ous materials and chemicals must be evaluated. Jaime Zimmel of Zimmel Associates finished out 2018 with a $2.093 million-sale of an industrial building in Piscataway. North Brunswick- based Aucta Pharmaceuticals LLC was represented by Jaime Zimmel in its purchase of 71 Suttons Lane, a free-standing 12,400 s/f building complete with a laboratory. • Flex Space: This is a one- stop, growing trend for com- bining both manufacturing and warehousing or office/ showroom and warehouse needs. Flex space or flexible space is versatile. It’s perfect for businesses that anticipate growth whereby they have the

• Location: Proximity to clients/customers, suppliers, specific roadways (turnpike or parkways) and/or methods of transportation. • Construction: Will you need specific ceiling heights, heavy power and/or additional parking spaces? In addition, can the space be modified to better suit your needs? Is it able to handle growth or changes, if needed? • Safety: Some businesses require a higher density sprin- kler system based on what they are storing. • Budget: There are many costs to consider when buy- ing or leasing an industrial property. Putting a budget together will help to minimize unexpected expenses. At Zim- mel Associates, we work with you every step of the way to minimize stress and expedite the process.

potential of growing within the building should they need ad- ditional space. David Zimmel brokered the $2.1 million sale of 27 School- house Rd., a one-story, 17,000 s/f , free-standing flex building on three acres. Zimmel was hired by Oritani Bank, who foreclosed on the Somerset building. The buyer was Nelish Meta, president of Watchung- based Premier Medical Corp. The building is located off I-287. The listing was attained and sold within 45 days. Locating and leasing or buy- ing industrial space is an im- portant decision. Clients are thrilled to work with the Zim- mel Team. We pride ourselves on taking the time to listen to our clients’ concerns and answering questions, in order to find the best space to exceed their needs and goals. Factors to be evaluated include:

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