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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 specifications to best meet the demand from distribution and logistics users. Located in the established Exit 8A submarket, the property ....