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Meiya Capital Inc Leases 109,000 SF Industrial Space In North Brunswick

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LEASED

New Jersey

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Industrial109,000 SF
Leased 06/27/2024
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LEASED

Meiya Capital Inc Leases 109,000 SF Industrial Space In North Brunswick

1665 Jersey Avenue

See Similar Deals
Industrial109,000 SF
Leased 06/27/2024
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:109,000 SF
Transaction Type:Lease

The industrial property located at 1665 Jersey Avenue in North Brunswick, spanning 109,000 square feet, was recently involved in a lease transaction. This significant space is strategically situated near major roadways such as Route 1 and the New Jersey Turnpike.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Address: 1665 Jersey Avenue
  • Market: North Brunswick
  • Landlord: Pioneer Commodities USA LLC
  • Tenant: Meiya Capital Inc
  • Broker: Eric Koons - Bussel Realty

Facilitating the sublease of the 109,000 square feet at 1665 Jersey Avenue, Eric Koons of Bussel Realty Corp. played a pivotal role in helping Meiya Capital Inc. secure this expansion. The location's proximity to key transportation routes supports Meiya's operational growth and enhances its customer service initiatives.

Players

Eric Koons
14 deals$39.9M volume
BROKER

Details

LEASED
IMAGE: Eric Koons DATE: 06/27/2024 ADDRESS: 1665 Jersey Avenue MARKET: North Brunswick ASSET TYPE: Industrial ~ SF: 109,000 LANDLORD: Pioneer Commodities USA LLC TENANT: Meiya Capital Inc BROKER: Eric Koons (@KoonsIndustrial) - Bussel Realty (@BusselRealty) NOTE: Bussel Realty Corp., based in Edison, facilitated the sublease of 109,000 square feet at 1665 Jersey Ave. in North Brunswick, a significant industrial space totaling 547,333 square feet. Representing Meiya Capital Inc., Eric Koons of BRC helped secure the expansion, positioning the site strategically near major roadways including Route 1 and the New Jersey Turnpike, supporting Meiya's operational growth and customer service initiatives.

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Deal Type
Effective Rent (Annual)

$6,247,814.22

Total Lease Value

$62,478,142.25

Net Landlord Cash Flow$6,247,814.22