The basics:

• BRC leased Somerset industrial building to Ukay Trucking, Farmmi USA
• 1100 Randolph Road offers 36-foot clear height, EV charging, 151 parking spots
• Property located near I-287, 78; Turnpike Exit 10; Routes 202/206/22
• Follows BRC deals at 400 Cottontail Lane and 72 Veronica Ave.

Continuing the firm’s success in the region, Bussel Realty Corp. secured two lease transactions to bring a Somerset industrial property to full occupancy.

BRC Vice President Anthony Rittwager represented the landlord, JWH Real Estate Holding, in both transactions announced May 20 at 1100 Randolph Road:

• Ukay Trucking & Delivery Services leased 52,638 square feet, represented by Lee & Associates
• Farmmi USA Inc. leased 49,755 square feet, represented by Rubin Realty

The state-of-the-art Somerset industrial building started construction in 2023 as an expansion to the original property. It offers 36-foot clear heights, 15 tailboards, one drive-in door, EV charging, expansive column spacing and more. 11oo Randolph Road also includes 3,900 square feet of office space, parking for approximately 151 cars as well as additional trailer parking.

Additionally, the 21-acre property offers a strategic location 2 miles from Interstate 287 with close proximity to I-78; Exit 10 of the New Jersey Turnpike; and Routes 202, 206 and 22.

It’s the latest deal the Edison-based team has closed in Somerset.

Some more in Somerset

In February, BRC also announced the sale of 400 Cottontail Lane in the Somerset County municipality.

Mack Boring & Parts acquired that 55,000-square-foot industrial property for $13.87 million. BRC Executive Vice President and partner Gregory Irving and industrial specialist Steve Haynes represented the seller, Hsu Property Holdings, in the transaction. CBRE represented the buyer, BRC said.

In its lookback at the first quarter of the year, Wolf Commercial Real Estate highlighted the Cottontail Lane deal as one of the most notable for the period, boasting a sale price of $252 per square foot.

At the time Irving noted that beyond being well-located, “The property has expansion capabilities ideal for Mack’s customer base representing approximately 300 authorized dealers across 26 states.”

Then in March, BRC arranged a 25,000-square-foot lease at a Somerset industrial site along Veronica Avenue. That deal also brought the building to full occupancy.

Working with Vice President Anthony Mircovich, Irving represented the landlord, Veronica Development Association, in the transaction to bring Infinity Fragrances LLC to 72 Veronica Ave. ReMax Instyle Realty Sales Associate Antonio DiCicco represented the tenant.

“VDA’s prior tenant was a manufacturer of pharmaceutical products who terminated their business operations, leaving behind a complex 50,000-square-foot office, laboratory, manufacturing and distribution facility, with vast improvements,” noted VDA co-owners John Sullivan and Michael Ventura, crediting the Bussel Realty team for its efforts to bring the property to 100% leased.

72 Veronica Ave. is part of the Franklin Technical Center. The complex boasts two 50,000-square-foot buildings zoned for medium industrial. According to BRC, life sciences and technology firms occupy a majority of the space.

First quarter industrial figures put the average vacancy rate statewide at about 5.0%. Meanwhile, accessible and centrally located Somerset came in below that at 4.1%.