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

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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.

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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.”

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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.

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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.