Located at 830 E. Elizabeth Ave. and 817 Pennsylvania Ave., theproperties total 18,514 square feet. The buyer, Flatbush MovingCo., is expanding from its base in Staten Island to northeast NewJersey. The buildings front on two streets and feature bothtailgate and drive-in loading.

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Jordan Metz, sales associate and vice president at Bussel,obtained the buyer through a marketing campaign aimed at bringingcompanies from New York to New Jersey. "I've done a lot of dealswith small businesses coming out of Brooklyn, Long Island andStaten Island, which have bought or leased warehouse space in NewJersey, to take advantage of our lower rates.

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"In this particular transaction, the buyer wanted to expand itsoperations to a centrally located facility that would provideimmediate access to major transportation arteries, which servicethe northeast corridor." He adds that Linden has always been adesirable location for both regional and national companies, due toits easy access to the Turnpike, Routes 1 & 9 and the Parkway,along with its proximity to mass transit, the ports and NewarkAirport. "And the guys from New York love it because it's just overthe Goethals Bridge," adds Metz.

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The transaction was structured in conjunction with PatrickToriello of P&A Financial Services in Red Bank, which arrangesSBA financing and other customized loan products.According to Metz,"Many purchasers are unaware of the tremendous advantages availableto them through properly structured SBA financing. The particularSBA programs employed here permit a purchaser to obtain lowinterest, long term commercial financing with a relatively modestdown payment and the return of working capital at closing."

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Adds Steve Bussel, president of Bussel Realty, "this just goesto show that, even in this market, deals will happen if you stickto aggressive marketing and personal follow-up, and understand howto structure a deal."

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