Demonstrating the heavy cross-border influence of the Garden State’s commercial real estate market, the Edison-based Metz Industrial Group (MIG) of Bussel Realty Corp. has successfully brokered the sale of a newly constructed 136,346-square-foot industrial warehouse located at 2807 Arthur Kill Road in Staten Island, New York.
While physically situated just across the state line in New York, the newly minted facility’s primary economic and geographic value is inextricably tied to New Jersey’s vital transportation and logistics infrastructure. Positioned directly on eight acres in Staten Island, the property serves as a strategic extension of the New Jersey industrial corridor, offering immediate, seamless connectivity to the Outerbridge Crossing, the Goethals Bridge, and the I-95/New Jersey Turnpike.
The cross-border transaction was driven by the severe scarcity of high-tier industrial options within New Jersey itself. According to Jordan Metz, Principal of the Metz Industrial Group, the client’s search intentionally expanded into neighboring New York submarkets to secure a modern facility with the scale required for regional operations.
Equipped with 40-foot clear ceiling heights, 29 total loading doors, and over 9,000 square feet of office space, the Class A asset bridges the New York City metropolitan market with the Port of New York and New Jersey, Newark Liberty International Airport, and Port Newark/Elizabeth. The property was purchased by a long-term MIG client in the entertainment and logistics sector, which will utilize the site as its new corporate headquarters distribution facility.
