Fennelly Associates on Tuesday said it sold a 2,100-square-foot industrial building in Ewing, which the new owner plans to use to operate an independent electrical maintenance company.
Jerry and Matt Fennelly of Fennelly Associates represented the seller, Tiffany Cavalier Family Properties LLC, in the transaction with the buyer, Landolfi Realty Group II LLC.
Located at 10 Industry Court, the asset is a single-story warehouse boasting a single drive-in door and ample outdoor storage. The property offers easy access from Route 206/Lawrenceville Road and superior connectivity to Mercer County and eastern Pennsylvania via Route 1 and Interstate 295.
“Demand from local businesses continues to drive both leasing and sales volume across the central New Jersey industrial market,” Jerry Fennelly, said. “When trying to align tenants or buyers with owners, it’s critical for brokers to employ a strategy informed by local market knowledge that speaks directly to the unique needs of businesses in the area.”
