Edison-based Bussel Realty Corp. on Wednesday announced the sale of a 297,000-square-foot industrial facility in Rahway for $19.5 million.
Executive Vice President Greg Irving and Vice President Jim Hodgkins of BRC represented the seller Rahway Industrial Sites. The buyer, Harold Realty Management LLC, was represented by Ezra Realty.
“Rahway Industrial Sites and Bussel Realty Corp. have had a long-standing relationship and we were happy to deliver on their expectations in the sale of the property,” said Irving.
Located at 970 New Brunswick Ave. the property sits on 10.5 acres and has 14- to 32-foot ceilings, 2,500 amps of heavy power, wet sprinklers, gas heating, city water and sewer, two drive-ins, 20 exterior tailboards and 100 free surface parking spaces. It is in close proximity to Exit 12 of the New Jersey Turnpike and the Garden State Parkway with access to Routes 9, 27, and 35.