EDISON — Bussel Realty Corporation (BRC), a leading industrial real estate services firm in New Jersey, announced it has arranged the purchase of 12 acres of land, located at 928 Elizabeth Ave. in Franklin Township.
BRC Senior Vice Presidents Stephen Nozza and John Cascio represented the buyer, 928 Holdings LLC, which purchased the property for $1.2 million. The seller, DiIonio F. Porchetta V.A., was represented by David Thomas of Blau & Berg.
“Our buyer saw the commercial value of developing the land for industrial real estate purposes as it’s zoned light industrial and ideal for this use,” noted Nozza. “The site is in close proximity to I-287, which is several miles from the New Jersey Turnpike and the Outerbridge Crossing to Staten Island.”
With one of the largest dedicated industrial brokerage staffs in New Jersey, BRC is a leading industrial real estate services firm located in central New Jersey with individual memberships in the Society of Office & Industrial Realtors. BRC provides leasing and sales brokerage services to users, corporate occupiers, landlords, owners and investors, representing millions of square feet of property and tenant/client assignments annually.
The firm’s clients have included several of the largest Fortune 500 companies, as well as numerous manufacturing, distribution and services companies both nationally and locally. Currently, BRC is handling in excess of 3 million square feet of corporate and industrial real estate in New Jersey.