Metz Industrial Group of Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, is pleased to announce three recent industrial lease transactions in Carteret and Cranbury, New Jersey, showcasing a seamless transition of tenants.
MIG’s long-term client, Commercial Fitness Concepts (CFC), a prominent player in the fitness equipment industry, demonstrated remarkable growth over the past two years at its 1001 Roosevelt Avenue, Carteret, New Jersey location. To accommodate their expansion needs, MIG successfully facilitated their relocation into a spacious 43,300-square-foot warehouse unit with higher ceilings at 115 Melrich Road in Cranbury, New Jersey.
Consequently, MIG were able to sublease the 19,276-square-foot warehouse space CFC vacated at 1001 Roosevelt Avenue to another valued tenant within MIG’s portfolio, Earth Relocation Services. Earth Relocation Services expanded from a smaller unit within 1001 Roosevelt Avenue in Carteret, as the company required additional square footage to support their business growth in the moving and storage industry.
Completing this series of strategic moves, MIG recently finalized an agreement with Victory Home Remodeling, which will now occupy the vacated approximately 10,000 square feet of industrial space, formerly occupied by Earth Relocation Services, at 1001 Roosevelt Avenue in Carteret.
“This sequence of lease transactions exemplifies the agility and versatility of the Metz Industrial Group in meeting the evolving needs of our esteemed clients,” noted Metz. “We pride ourselves on facilitating seamless transitions and providing optimal solutions for businesses seeking to expand or optimize their operations within the industrial real estate sector.”
MIG is comprised of Jordan Metz, senior vice president, and Benito Abbate, sales associate, of BRC which represented the tenants in these transactions and the landlord, Seagis Property Group, of 1001 Roosevelt Avenue in Carteret. Victory Home Remodeling was represented by Cushman & Wakefield.
115 Melrich Road in Cranbury, New Jersey, is a 123,050-square-foot industrial property located near Route 130 and Exit 8A of the New Jersey Turnpike. The property features 17,600-square-foot offices, 36-foot ceilings, six tailboards, one drive-in door, ESFR sprinklers, 800 amps of power and has 50 surface parking spaces.
1001 Roosevelt Avenue in Carteret, New Jersey is a 93,286-square foot industrial building located near the New Jersey Turnpike, Route 1-9, Port Newark/Elizabeth and Newark Liberty Airport. The property features 17 tailboards and 3 drive-in doors, 15-foot ceiling heights, 400 to 500 amps of electric power, wet sprinklers and 40 surface spaces.
About Commercial Fitness Concepts
Commercial Fitness Concepts has one of largest warehouses of new, refurbished, cleaned and serviced, and “as-is” fitness equipment of the top major fitness brands.
About Earth Relocation Services
Earth Relocation Services provides door-to-door relocation moving services and are a full-service moving and storage company specializing in US, international, and long-distance relocation services.
About Victory Home Remodeling
Victory Home Remodeling is New Jersey’s leading full service exterior home remodeling company, which offers replacement windows, roofing, vinyl siding, and door installation services.
About Seagis Property Group
Seagis Property Group LP was formed in 2005 and is a leading investor and owner of industrial and logistics real estate with a particular focus in New Jersey, New York City, JFK Airport, Eastern Pennsylvania, and Miami / Ft. Lauderdale markets.
About Bussel Realty Corp
With one of the largest dedicated industrial brokerage staffs in New Jersey, Bussel Realty Corp. (BRC) is a leading industrial/retail real estate services firm located in Central New Jersey with individual memberships in the Society of Office & Industrial Realtors (SIOR). BRC provides leasing and sales brokerage services to users, corporate occupiers, landlords, retailers, 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, retail and services companies both nationally and locally. Currently, BRC is handling in excess of three million square feet of corporate and industrial real estate in New Jersey.