Printer Parts Company Takes Long-Term Lease on Elizabeth, NJ Industrial Space

475 Division St., Elizabeth, NJ

ELIZABETH, NJ— Metrofuser , a re-manufacturer and marketer of printers, parts and training has leased 25,134 square feet of industrial space at 475 Division Street in Elizabeth, NJ, where it will relocate from its present facility in Roselle Park, NJ . NAI Hanson’s Barry Cohorsky, SIOR and James Kenah represented the owner, Tree Realty , and Herb Zimmerman and Jeff Goldfinger of Bussel Realty represented Metrofuser . “Industrial / flex space near the ports continues to be competitive especially among small to mid-size users. Demand and diminishing inventory has created a strong market for industrial owners of smaller to mid-size space that can accommodate a number of industries and tenant types,” says Kenah . “ 475 Division Street provides Metrofuser the ample space that it needs to expand its business while moving to a more central and easily accessible location and fits the tenant and leasing strategy of the building owner.” 475 Division Street is located in an Urban Enterprise Zone less than two miles from Newark Liberty International Airport and the seaport with accessibility to New York City bridges and tunnels. It offers easy access to Routes 1 and 9, The New Jersey Turnpike and Route 78. The property features five loading docks, one drive-in, and 25 parking spaces. At 475 Division Street, Metrofuser will be able to expand its production, distribution and training services by 25 percent. The additional space will also enable the company to feature its portfolio of IT training services along with the latest specialty technologies.