Avison Young arranges sale of 311,040-sf industrial property in Branchburg, NJ for Transwestern Development Company

Avison Young arranges sale of 311,040-sf industrial property in Branchburg, NJ for Transwestern Development Company May 3, 2024

The property will serve as the new headquarters for the buyer, Abaline Supply Company

Branchburg, NJ – Avison Young has arranged the sale of a 311,040-square-foot (sf) industrial property at 3091 Route 22 in Branchburg, NJ on behalf of the seller, Transwestern Development Company. The buyer, Abaline Supply Company, will occupy the space which will serve as its new headquarters. The 25.56-acre property was developed over the past two years to be delivered for the owner-occupier. 

Transwestern Development Company was represented by Matthew Turse, Tim Cadigan, Judy Troiano, John Gianis, and Stephen Gianis, all based in Avison Young’s Morristown, NJ office. Abaline Supply Company was represented by Randy Eigen of CBRE.

“In the current market, owner-occupiers continue to be a rising trend and are steadily acquiring real estate assets for their businesses,” said Cadigan. “This project, which had been in the works for over two years required serious navigation of the ever-evolving regulations for new manufacturing/warehouse developments in New Jersey.”

The property will serve as a new home base for Abaline Supply Company’s employees and manufacturing operations. Features of the building include 42 dock doors, 40-foot ceilings, parking for 29 trailers, a solar-ready roof, and toll-free access to Port Newark and Elizabeth.

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2023 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.

For moreinformation:

  • Download property photo here.

Media contact:

  • Nathan Reyna, Regional Media Relations & Content Specialist, Northeast: +1.917.877.1697