B — June 14 - 27, 2013 — New Jersey — Mid Atlantic Real Estate Journal
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N ew J ersey
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To Qualmax Supplies Inc. BRC leases 35,000 s/f at 2500 Brunswick Ave. in Linden
inden, NJ — Bussel Realty Corp. (BRC) , one of the leading corpo- rate and industrial real estate services firms in New Jersey announced Qualmax Supplies Inc. has leased 35,000 s/f at 2500 Brunswick Ave., Build- ing D in Linden. Senior vice president Herb Zimmerman and vice president Jordan Metz of BRCwere responsible for the transaction. Zimmer- man represented Qualmax while Metz represented the owner of the property. “Seeing that Qualmax want- ed to expand its business in the New Jersey area, we needed to find the perfect fit L SADDLE BROOK, NJ — The number of tenants touring the NJ office market for space is up more than 16% compared to 2012, according to data released by CBRE Group Inc., NJ’s largest commercial real estate brokerage firm. These prospective tenants require a combined six million square feet —a 22.6% increase from 2012. “These numbers are an en- couraging indicator that New
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to match their demands”, said Zimmerman. “2500 Bruns- wick Avenue will accommo- date the distribution needs of their janitorial and clean- ing supply business. With 12 medical centers located Jersey’s economic climate is improving due to the State’s continuous focus on busi- ness attraction and retention through incentives,” said Jeff Hipschman , senior manag- ing director of CBRE’s NJ office. “With access to NJ’s research facilities and its highly-educated and skilled workforce, more companies are maintaining a presence here, while others are look- ing to establish their first
within Union County, such as Robert Wood Johnson Univer- sity in Rahway and Elizabeth General Hospital, the new location provides great access to its large medical center clients”. n footprint in the market. The improving economic conditions and a continued drop in the state’s unemployment rate, which is at its lowest level in four years, bodes well for future demand.” Submarkets that are draw- ing the most tenants include Princeton, with 27; Suburban Essex/Eastern Morris, with 22; Parsippany, with 21, and the Route 287/78 Interchange, with 20. n
Fairfield Corporate Park, Fairfield, New Jersey
CBRE announces number of tenants looking for office space up 16%
FOR LEASE 32,000 Square Foot Industrial Building
* Warehouse/Manufacturing * 6,000 Square Feet Office – Can be reduced * 20 Ft Ceiling Height / 4 Tailgate Doors / 60+ Car Parking * Attractive rental rates and terms available.
OFFICE BUILDINGS FOR SALE OR LEASE (609) 921-7655
S HELDON GROSS REALTY, INC. REALTORS Ɣ Corporate Real Estate Services 80 Main Street, West Orange, NJ 07052 Tel.#973-325-6200 - Fax.#973-325-9090 E-mail: sgross@sheldongrossrealty.com
Woodbourne Professional, Levittown, PA • Sale Price $1.3 Million • Sizes from 850 -2,400 SF • Lease prices from $500 - $1,400 / Mo.
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