7-24-20

4A — July 24 - August 13, 2020 — M id A tlantic Real Estate Journal

www.marej.com

M id A tlantic R eal E state J ournal

PRINGFIELD, NJ — Bussel Realty Corp. (BRC) , an industrial Mircovich represents Tathastu Trading in 16,000 s/f s/f of office space lease Irving of Bussel Realty Corp. brokers sale of 12,193 s/f 32 Commerce Street, Springfield, NJ S

real estate s e r v i c e s firm in New Je r sey an - nounced i t represented the sale of 32 C omm e r c e St. in Spring- field, a 12,193 s/f industrial/

Gregory Irving

flex property, for $1.92 million. Gregory Irving, SIOR , ex - ecutive vice president of BRC, represented the seller, Fargo

32 Commerce St., Springfield, NJ

122 Tices Ln., East Brunswick

Properties , in the transac- tion. The buyer, Vangellow Properties , was represented

by Ri che l C o mm e r - cial . “The prop- erty attract- e d m a n y b u y e r s a t t h i s p r i c e level which indicates the strength of

Business as Usual, Even in the Unusual.

AnthonyMircovich

the industrial real estate mar- ket in New Jersey,” not Irving. “We continue to see strong demand for industrial and warehouse product in all of the State’s major submarkets.” 32 Commerce St. is a 12,193 s/f industrial building near Rte. 22 and Garden State Pkwy., and is minutes to Port Newark/Elizabeth, and New- ark Liberty Airport. The property features 6,080 s/f of office space, a fully air- conditioned warehouse, 17- foot ceilings, two drive-in doors for loading, 600 amps of electric power, and 30-car parking. In a second transaction, BRC announced it leased 16,000 s/f at 122 Tices Ln. in East Brunswick, a 36,800 s/f industrial property, on behalf of Tathastu Trading. Anthony Mircovich , vice president of BRC, represent- ed Tathastu Trading in the transaction, and the landlord, Greek Development , was represented in-house. 122 Tices Ln. is a 36,800 s/f industrial property with ac- cess to the New Jersey Tpke. and Rte. 18. It features 22-foot clear ceilings, seven loading docks and one drive-in door, 400 amps of power, surface parking spaces and sits on 13.00 acres. MAREJ

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TENANT REPRESENTATION

SALES/ LEASING

PROPERTY MANAGEMENT

BUILDING SERVICES

INVESTMENT SERVICES

Unwaivering Service. Reliability. 24/7.

NEW INDUSTRIAL FLEX SPACE 37,717 SF with Build to Suit Office Located in LVIP VII with Incentives ALLENTOWN, PA

NEW CONSTRUCTION FOR LEASE 30,000 SF Industrial Finished to Suit Site has all Permits to Start Immediately OREFIELD, PA

INDUSTRIAL/FLEX BUILDING 31,429 SF with 3,500 SF Office Area Two Parcels totaling 1.1 AC for Sale EASTON, PA

FULLY AIR CONDITIONED BLDG 200,000 ± Industrial Bldg on 25+ AC Prime Location with Class A Office ALLENTOWN, PA

GREATER LEHIGH VALLEY’S PREMIER FULL SERVICE COMMERCIAL REAL ESTATE FIRM SUMMIT.COM 610.264.0200 INFO@NAISUMMIT.COM

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