Tire Distributor Wheels into Parsippany Industrial
"The property’s image quality and easy access to major highways for reaching customers was the key as well as its 25,000-square-foot expansion capabilities," says Bussel Realty's Steve Bussel.
PISCATAWAY, NJ—East Coast International Tire Group pumped up its distribution network with the acquisition of an industrial property at 150 Ethel Road West, Piscataway, NJ, for $4.125 million.
Bussel Realty Corp. president Steve Bussel, SIOR, president of BRC, and Anthony Mircovich, vice president, represented the seller, Preferred Management. Resource Realty of North Jersey represented the buyer, East Coast International Tire Group.
“East Coast Tire is expanding its operation into New Jersey from Long Island at this new location in Piscataway, in order to better service its Metro New York customers,” says Bussel. “The property’s image quality and easy access to major highways for reaching customers was the key as well as its 25,000-square-foot expansion capabilities.”
150 Ethel Road West is a 33,000-square-foot industrial property, located near I-287, Route 1, and Exit 10 of the New Jersey Turnpike. The property is a corporate image building with 20-foot ceiling heights, 3,000 square feet of offices, four tailboards and one oversized drive-in door for loading, and heavy power.
East Coast International Tire Group, headquartered in Maspeth, NY, is a manufacturer, direct import and wholesaler of tire products.