NORTH BRUNSWICK/NEW BRUNSWICK, NJ—The  sale of a two-building industrial offering in North Brunswick and New Brunswick reflects strong investor demand in New Jersey’s distribution corridor. Cushman & Wakefield’s Metropolitan Area Capital Markets Group orchestrated the trade of 1000 Corporate and 571 Jersey Avenue to Principal Real Estate Investors.  

Totaling 458,000 square feet, both buildings are long-term leased to single tenants at below market rates. The 156,000-square-foot 1000 Corporate Road is occupied by Capacity LLC, an e-commerce warehouse and fulfillment center. Baking company Wenner Bread Products recently leased 571 Jersey Avenue and is repositioning that 302,000-square-foot building to accommodate its needs for baking, storing and shipping products. previously reported on the Wenner Bread lease.

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