Bussel Realty Corp. President Steve Bussel represented Shore Point Partnership in the sale of 175 Lehigh Ave. in Lakewood, a 52,500-square-foot industrial building, according to a Monday announcement.
The buyer, 175 Lehigh LLC, was represented in-house. Financial terms of the deal were not disclosed.
“It was a pleasure to work with Shore Point Partnership, a longtime client of mine, in the sale of 175 Lehigh Ave., an outstanding industrial property investment in a strong Ocean County market,” Bussel said.
175 Lehigh Ave. is located near Route 9 and the Garden State Parkway. The property features 2,500 square feet of office space, 20- to 28-foot ceiling heights, six tailboards, one drive-in door and ample parking.