KENILWORTH, NJ—Bussel Realty Corp. arranged the sale of 25 Sidney Circle in Kenilworth, NJ, an industrial facility of approximately 17,200 square feet.
The property, which sold for $1.5 million, features 16-foot ceilings, one loading dock, one drive-in, and 1,410-square-foot offices. It is located adjacent to Route 22 and near all major transportation arteries including I-78, the New Jersey Turnpike, and Garden State Parkway.
The buyer, Scheininger Real Estate, purchased the facility for Flexline and will use it for the manufacture of specialty hose assemblies for the pharmaceutical, steel, food and aviation industries. BRC's executive vice president Gregory Irving, SIOR, represented the buyer in this transaction. The seller was BPS Company.
“25 Sidney Court provides ample parking, heavy power and higher ceilings for better utilization of space,” says Irving. “Its location provides easy access to Route 22, Garden State Parkway, the ports and Newark Liberty Airport.”
BRC is marketing Scheininger Real Estate's former warehouse facility in Linden, a 10,000-square-foot industrial property which features three drive-in loading doors and 1,500 square feet of office space.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
