Kurt Praschak / [email protected] / 979.992-7800, x.289
Alexa Cangialosi / [email protected] / 973.992-7800, x.172
Deal for 135,668-square-foot facility, on nearly 6 acres, brokered by Sheldon Gross Realty
PISCATAWAY, NJ (April 15, 2020) – An 135,668-square-foot industrial facility, which sits on nearly six acres at 1711 South Second Street in Piscataway (Middlesex County) and 1700 South 2nd Street in Plainfield (Union County), has been purchased from Second Street Associates by the Saadia Group real estate investment firm. The deal was brokered by Sheldon Gross Realty, which has represented Saadia Group during multiple transactions. Overseeing the arrangement was Sheldon Gross Realty Executive Vice President Jonathan Glick.
Located only a few blocks from the Dunellen, NJ business district along Route 28, the property – which features an expansive warehouse, along with an attached office structure – provides easy access to both Route 287 and Route 78. In addition, it’s less than 10 miles from the Garden State Parkway and a 50-minute drive to New York City. Philadelphia is less than a 90-minute drive.
“Acquiring this property is an excellent opportunity for Saadia Group because of its size and its location,” Glick explains. “The structure and the lot surrounding it offer tremendous flexibility, and Piscataway has always been an extremely desirable location. Essentially, it provides accessibility to the entire New York Metro area.”
A digital image of 1711 South 2nd Street, Piscataway / 1700 South 2nd Street, Plainfield is available at this link.
About Sheldon Gross Realty
Based in New Jersey and also licensed in New York State, Sheldon Gross Realty, Inc. offers clients a broad array of specialized services, including office, industrial and retail brokerage; tenant representation; property and asset management; office relocation; and consulting. Founded in 1962, the firm is known for its long-term client relationships, high percentage of repeat business, and a stellar, 95 percent success rate in leasing/selling the property assignment it undertakes. Featuring an exceptional team of professionals renowned for outstanding customer service and committed to unparalleled market research, Sheldon Gross Realty addresses its clients’ corporate real estate needs on a local, regional, and national scale.
Additional information is available online, at www.sheldongrossrealty.com. A free consultation is available by calling 862.930-5714.