In a transaction arranged by CBRE, CustomPictureFrames.com, a manufacturer of picture and other framing solutions, on April 16 announced it acquired a 45,300-square-foot industrial facility on 2.06-acres at 6 Shirley Ave. in Somerset. The company will relocate and expand from its current operations in South River.
The CBRE team of Bill Waxman and Christopher Griffith represented CustomPictureFrames.com in the site selection and negotiations.
“Our client was attracted to the facility due to its excellent location as well as the ability to potentially add a retail component,” said Griffith. “The company is making a major commitment to the New Jersey market and will be able to take advantage of Somerset’s positive business climate and the ability to attract more employees as it grows its operations.”
“CustomPictureFrames.com’s investment speaks to the strength of New Jersey’s industrial sales and leasing markets, especially for manufacturing and assembly facilities,” added Waxman.
The seller, Emby Hosiery Corp., was represented by Bussel Realty Corp.