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Seagis Property Group Leases 33,364 SF To Nirwana Foods American Exchange Apparel South Valley Trading Company

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LEASED

New Jersey

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Industrial33,364 SF
Leased 02/18/2025
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LEASED

Seagis Property Group Leases 33,364 SF To Nirwana Foods American Exchange Apparel South Valley Trading Company

1001 Roosevelt Avenue

See Similar Deals
Industrial33,364 SF
Leased 02/18/2025
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:33,364 SF
Transaction Type:Lease

The industrial asset located at 1001 Roosevelt Avenue in Carteret has a total square footage of 33,364. It is part of the industrial market segment and is associated with Seagis Property Group as the landlord.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 1001 Roosevelt Avenue
  • Market: Carteret
  • Landlord: John Begier - Seagis Property Group
  • Tenants: Jimmy Singh - Nirwana Foods; Alen Mamrout - American Exchange Apparel; South Valley Trading Company
  • Brokers: Benito Abbate, James Friel & Jordan Metz - Bussel Realty

Bussel Realty Corp.’s Metz Industrial Group facilitated the leasing process, securing three distinct tenants for the property. Jordan Metz, Ben Abbate, and James Friel represented the landlord, Seagis Property Group, in these transactions, showcasing their expertise in the industrial leasing sector.

Players

Jordan Metz
38 deals$140.7M volume
BROKER

Benito Abbate
Bussel Realty
20 deals$7.6M volume(908) 655-8331
BROKER

Details

LEASED
IMAGE: John Begier, Jimmy Singh, Alen Mamrout, Benito Abbate, James Friel & Jordan Metz DATE: 02/18/2025 ADDRESS: 1001 Roosevelt Avenue MARKET: Carteret ASSET TYPE: Industrial ~ SF: 33,364 LANDLORD: John Begier - Seagis Property Group TENANT: Jimmy Singh - Nirwana Foods (@NirwanaFoodSLLC); Alen Mamrout - American Exchange Apparel; South Valley Trading Company BROKERS: Benito Abbate (@BenitoAbbate), James Friel & Jordan Metz (@JordanMichaelm) - Bussel Realty (@BusselRealty) NOTE: Bussel Realty Corp.’s Metz Industrial Group secured three leases totaling 33,364 square feet at 1001 Roosevelt Ave. in Carteret. Jordan Metz, Ben Abbate, and James Friel represented landlord Seagis Property Group in deals with Nirwana Foods, American Exchange Apparel, and South Valley Trading Company.

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Deal Type
Effective Rent (Annual)

$1,912,404.35

Total Lease Value

$19,124,043.47

Net Landlord Cash Flow$1,912,404.35