Woodmont, EverWest get started on South Brunswick industrial facility
Woodmont Industrial Partners and EverWest Real Estate Investors began construction at 461 Ridge Road to add a 65,000-square-foot expansion.
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Woodmont Industrial Partners and EverWest Real Estate Investors began construction at 461 Ridge Road to add a 65,000-square-foot expansion.
Bussel Realty Corp. said Dec. 20 that it brokered the sale of 608-612 North Avenue in Westfield, a 36,000-square-foot industrial property.
Bussel Realty Corp. said Nov. 29 that it had leased all of 250 Circle Dr. North in Piscataway, a 59,572-square-foot industrial property.
Woodmont Industrial Partners (WIP), a national developer and owner of industrial properties, and EverWest Real Estate Investors, an institutional real estate investment and operating company, announced the acquisition of 461 Ridge Road, a 144,551 s/f industrial facility in South Brunswick, New Jersey. The property was acquired from industrial recycling company GDB International, which has leased back the facility on a short-term basis. David Blitt of Bussel Realty represented the seller. Woodmont and EverWest plan to renovate the existing facility upon lease expiration, enhancing building s...