EYEWEAR COMPANY BUYS DISTRIBUTION SITE

From NJBIZ.com:

40 Camptown Road, Maplewood. - (BUSSEL REALTY CORP.)

 

A designer and importer of eyewear has purchased a Maplewood building to serve as its corporate offices and distribution center, Bussel Realty Corp. said Monday.
Fantas-Eyes paid more than $4 million for the 66,000-square-foot distribution facility at 40 Camptown Road, the Edison-based real estate services firm said in a news release.

“Forty Camptown Road is located in Olympic Industrial Park, an established, well-located and successful industrial park,” David Blitt, a Bussel senior vice president, said in a prepared statement. “The purchaser intends to substantially improve the building, including office renovations and a state-of-the-art distribution setup. The competition for the purchase of the building demonstrates how healthy and vibrant New Jersey’s industrial market is at the present time.”

Blitt, with fellow Senior Vice President Robert Sager, represented the seller, R&S Restaurant Supply, in the transaction. Irv Weiss of American Properties represented the buyer, an affiliate of Ancyma Inc.