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.

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.

"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.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.