Sagard Real Estate, formerly EverWest Real Estate Investors, announced the acquisition of 19 Commerce Court West, a class B industrial property located in South Brunswick, N.J. This acquisition marks the second investment in Sagard Real Estate’s newest, moderate value-add, open-end fund, which targets seaport industrial, attainable rental housing, and other niche property sectors in supply-constrained and high-growth markets the firm believes will outperform in the future.
Built in 1985 and renovated in 2024, the property spans approximately 64,700 square feet on an 8.6-acre site. The building features 22-foot clear heights, rear loading, full HVAC in the warehouse space, LED lighting and a newly installed roof. The shallow-bay configuration provides flexibility to service single or multiple tenants and an additional two acres of excess land can support a future building expansion. Located off Exit 8A just one mile from Interstate 95 and 32 miles from Port Newark, the prope