realestate

Piscataway Industrial Property Acquired by Real Estate Investment Firm

Real Estate Group Acquires 25,500-Square-Foot Industrial Building for $2.85 Million.

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25,500-square-foot industrial building on nearly 2.5 acres in Piscataway has been sold to Phoenix Realty Group for $2.85 million. The three-story property at 2 Lakeview Ave. features multiple existing tenants and over an acre of paved parking. The sale marks a change in ownership from Harris Camden Realty, which was represented by Gregory Irving of Bussel Realty Corp. in the transaction.

    Irving, who has worked with Harris Camden Realty for over 30 years, praised the property's prime location in central New Jersey, citing strong demographics and proximity to major highways as key advantages. Phoenix Realty Group specializes in leasing industrial and commercial properties in the New York metro area.

Piscataway industrial property acquired by real estate investment firm in New Jersey.