More than Just Lines on a Map: Best Practices for U.S Bike Routes
Leo A. Esses
1. Leo A. Esses
Vice President
Bussel Realty Corporation
Thursday, August 12, 2010
2. Recent Transactions
• Linden 13,000 sale
• Avenel 80,00 sq ft sale
• Monroe 40,000 lease
• Somerset 60,000 lease
• Edison 94,000 lease
Thursday, August 12, 2010
3. Listings for lease or sale
325,000 Hightstown
86,500 Monroe
142, 000 Edison
Thursday, August 12, 2010
4. Listing for Lease or Sale
Dunellen
13,500
Edison
50,000-250,000
Thursday, August 12, 2010
5. Most Recent Real Estate
Accomplishments
✦ Represented seller of an 80,000 sf warehouse and found buyer
willing to pay $1,500,000 above market price on an $8,000,000 sale.
✦ Represented buyer of over $6,000,000 warehouse and arranged 2%
EDA financing, and 5% SBA financing for several million dollars.
✦ Represented lessee on 60,000 sf space and negotiated a lease that
saved my client over $750,000 on a 5 year lease.
✦ Found a client to lease a 95,000 sf space that several exclusive brokers
were unable to lease, and that had been on the market for over 2
years.
Thursday, August 12, 2010
6. 2010. The Best Year Ever to BUY or
LEASE a Warehouse in NJ.
LINDEN/ELIZABETH AREA (Exits 12-13):
30,000 SF 4,000 SF Office, 18’ Ceilings, Heavy Power - $3.50 PSF Gross
52,027 SF 4,320 SF Office, 4 Tailboards, 21’ Ceilings - $4.25 PSF
98,976 SF 11,750 SF Office, 12 Tailboards, DI, 20’ Ceilings, Heavy Power, Extra Parking - $3.99 PSF
EDISON AREA (Exit 10):
25,000 SF 26’ Ceilings, Heavy Power - $3.50 PSF
89,124 SF 10,000 SF Office, 8 Tailboards, DI, 25’ Ceilings, Heavy Power, Extra Trailer Pkg - $3.80 PSF
135,000 SF 20,000 SF Office, Plus Extra Acre, Divisible, For Sale – Price to Low to Print!
EXIT 8-A AREA:
58,800 SF 2,720 SF Office, 5 Tailboards, 22’ Ceilings, Extra Parking - $3.25 PSF
80,000 SF 5,000 SF Office, Expandable on 15 Acres – Buy $43.00 PSF
85,600 SF 3,600 SF Ofc, 6 TB, 2 DI, 21’ Ceilings, Hvy Power, Rail – Lease $2.50 PSF Buy $49.00 PSF
122,818 SF 16 Tailboards, 26’ Ceilings, Parking for 73 Additional Trailers, Racking Available - $2.50 PSF
Want to save money? Let me negotiate your lease renewal.
Thursday, August 12, 2010
7. Please contact me if you are interested in buying, selling,
building, leasing or developing a warehouse, distribution
center, or manufacturing facility in New Jersey.
Leo A. Esses
Vice President
Bussel Realty Corporation
2 Ethel Road/ Suite 202A
Edison, NJ 08817
732-287-3777 X209
L1esses@aol.com
I will provide a free comprehensive market analysis based on your needs.
Thursday, August 12, 2010