Zimmel Associates, a leading commercial real estate firm based in New Jersey, has successfully brokered the sale of two fully approved ground-up flex industrial development sites in Mercer County to MORVAY. Zimmel has also been retained as the exclusive leasing broker, representing both properties in all future tenant negotiations.
The first site, located at 2526–2544 Kuser Road in Hamilton, spans 7.1 acres and is fully approved for a 60,000-square-foot flex industrial building. The planned facility will feature 32-foot ceiling heights, twelve (12) tailboard loading docks, and four (4) drive-in doors. The property is strategically located just minutes from Interstate 295, Route 130, and the New Jersey Turnpike, offering excellent access to major logistics corridors throughout the region.
The second site, located at 110 North Gold Drive in Robbinsville, is approved for an ~45,000-square-foot flex industrial building on approximately seven acres. It offers proximity to Route 33, I-195, and the New Jersey Turnpike, as well as convenient access to the NJ/PA border, making it highly desirable for regional distribution and light industrial users.
“MORVAY was looking for exactly this kind of opportunity—well-located, approved development sites,” said David Zimmel, President of Zimmel Associates. “We introduced both properties, and the transactions came together quickly due to their readiness and ability to execute quickly.”
MORVAY, with Founder and Managing Principal David Rottenberg, plans to develop both fully approved ground-up projects, bringing new flex industrial space to market in Central New Jersey.
“We are excited about this transaction and have strong conviction in the industrial-flex space. This transaction exemplifies our broader strategy to acquire, develop, and manage a best-in-class portfolio of well-located, Class A industrial-flex properties in high-barrier-to-entry markets, where we see strong tenant demand and limited supply.” said David Rottenberg.
“These projects offer rare new-construction flex industrial availability in a high-demand market,” Zimmel added. “With immediate access to regional highways and strong tenant interest, both sites are ideally positioned for companies seeking modern, efficient space.”
Zimmel Associates will handle all leasing responsibilities for the properties, including marketing and tenant relations.
For leasing inquiries or additional information, contact Zimmel Associates at www.zimmel.com or call (732) 661-9200.