SOUTH BRUNSWICK, NJ—Two industrial properties in South Brunswick have recently changed hands.
Bussel Realty Corp. reports it has brokered the trade of two industrial buildings in New Jersey. The Edison, NJ-based industrial real estate services firm says it brokered the purchase of 138 Georges Road, a 102,108-square-foot industrial facility in South Brunswick by Modway East End Imports for an undisclosed amount from LIT Industrial Limited Partnership, a Clarion Partners property. Senior Vice Presidents David Posner, Robert Sager and David Blitt of BRC represented the purchaser. Clarion Partners was represented by Nate Demetsky of JLL.
Modway East End Imports is a wholesale furniture company headquartered in New York City. Blitt of Bussel Realty says the deal “is a good fit in Modway's strategic growth plan, offering flexibility for the innovative fast growing company.”
Bussel also brokered the purchase of the 121,361-square-foot industrial building at 319 Ridge Road in South Brunswick. Colonna Brothers, Inc. acquired the property for an undisclosed amount from 319 Ridge Road Associates LLC.
Senior Vice Presidents Sager and Blitt of BRC represented the seller. Mark Tannen of United Realty Advisors represented Colona Brothers in the transaction.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
