6-10 Bell Ave in Somerville

6-10 Bell Ave in Somerville, NJ is a 40,000 SF Flex industrial building that was acquired with existing environmental issues which the seller neglected to cure. The asset is being acquired at a significant discount to market because the state is forcing remediation of the environmental issues which the seller doesn’t have the experience to remediate. The purchasers have experience in this field and were approved by the state to move forward with this transaction. Subsequent of such remediation the building will be rented to several clients and expected to reach a fair yield.