SOUTH BRUNSWICK, NJ—Two industrial properties in South Brunswickhave recently changed hands.


Bussel Realty Corp. reports it has brokered thetrade of two industrial buildings in New Jersey. The Edison,NJ-based industrial real estate services firm says it brokered thepurchase of 138 Georges Road, a 102,108-square-foot industrialfacility in South Brunswick by Modway East EndImports for an undisclosed amount from LIT IndustrialLimited Partnership, a Clarion Partners property.Senior Vice Presidents David Posner,Robert Sager and David Blitt ofBRC represented the purchaser. Clarion Partners was represented byNate Demetsky of JLL.


Modway East End Imports is a wholesale furniture companyheadquartered in New York City. Blitt of Bussel Realty says thedeal “is a good fit in Modway's strategic growth plan, offeringflexibility for the innovative fast growing company.”


Bussel also brokered the purchase of the 121,361-square-footindustrial building at 319 Ridge Road in South Brunswick.Colonna Brothers, Inc. acquired the property foran undisclosed amount from 319 Ridge Road AssociatesLLC.


Senior Vice Presidents Sager and Blitt of BRC represented theseller. Mark Tannen of United RealtyAdvisors represented Colona Brothers in thetransaction.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.