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Bus Company Drives into New Location

BRIDGEWATER, NJ-Barker Bus Co. will make the Bridgewater Industrial Park its new home after the owner of the transportation firm purchased the facility for $5.4 million.

By Maria Wood | Updated on July 16, 2009

BRIDGEWATER, NJ-Barker Bus Co. will make the Bridgewater Industrial Park its new home after the owner of the transportation firm purchased the facility for $5.4 million. Coldwell Banker Commercial Feist & Feist Realty Corp. brokered the sale of the three-building, 100,000-square-foot property.

Located at 81 Chimney Rock Rd., the Somerset County complex was picked up by Peter Chesson of Chesson Management, who also owns Barker. The bus company will move from its current location at Route 22 into a portion of the Bridgewater Industrial Park. The seller was Braddock Realty LLC of Jacksonville, FL.

According to John Adams, president of Coldwell Banker Feist & Feist, the property is about two-thirds into a multi-million-dollar renovation and modernization program. The Basking Ridge, NJ-based brokerage firm has been named the leasing agent for the three remaining warehouse units within the complex that range in size from 3,500 to 9,600 square feet. The bus company will move into its headquarters over a period of time as the renovations are completed, a spokesperson for Coldwell Banker Feist & Feist tells GlobeSt.com.

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