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SOUTH BRUNSWICK, NJ-Monmouth Real Estate Investment Corp. hashired the David Cronheim Co. as exclusive sales and leasing agentfor the 146,750-sf industrial building at 461 Ridge Rd. in theDayton section of this Middlesex County township. The move comes asfull-building tenant McMaster Carr, a Chicago-based industrialproducts distributor, is set to vacate the premises.

"The facility currently serves as a supplemental distributioncenter for McMaster Carr, whose regional headquarters is nextdoor," says Peter Wisniewski, EVP of the Chatham, NJ-basedCronheim. "McMaster Carr is consolidating into a much largerfacility during Q3 of 2006," he says, a reference to the company'snew 500,000-sf build-to-suit being done by Matrix DevelopmentGroup. "At that time, both properties can also be available as apackage."