46,250-SF Acquisition Expands Firms’ Investment in Central NJ Industrial Market
MIDDLESEX, N.J. (November 10, 2026) – Doors & Spaces Industrial (Doors & Spaces), a New Jersey-based institutional real estate investment development and management firm, in partnership with Devli Real Estate, has acquired a six-building, 46,250-square-foot small-bay industrial portfolio spanning Middlesex and Dunellen, N.J. The transaction adds a collection of in-demand, multi-tenant infill assets to the firms’ Central New Jersey holdings, capitalizing on the acute regional shortage of functional flex industrial space designed to serve local trade, logistics and essential service operators.
Comprised of five buildings in the borough of Middlesex, located at 112, 131, 134 and 200 Wood Ave. and 120 Egel Ave., the portfolio also includes a sixth property at 205 Hall St. in neighboring Dunellen.
Acquired from a generational, original owner/developer, the portfolio represents a rare acquisition opportunity for the partnership within Central New Jersey’s tightly held market. Once repositioned, the collection of properties will directly address a critical regional supply gap for modern, micro-industrial space by offering high-functioning, right-sized options for small-to-mid-sized trade contractors, light manufacturers and local service operators seeking flexible, high-accessibility locations.
“Small-bay industrial continues to present compelling investment opportunities, particularly in established markets where functional space for smaller businesses can be difficult to find,” said Brian Whitmer, co-founder and managing partner of Doors & Spaces. “This acquisition aligns with our strategy of identifying well-located industrial properties where we can apply our operational expertise and in–house construction to enhance long-term value and support the vital businesses that depend on these spaces in order to effectively operate and grow within their geographic trade radius.”
Situated within Middlesex County, the portfolio benefits from a strategic position in the heart of Central New Jersey, offering immediate connectivity to the I-95/New Jersey Turnpike corridor, I-287 and key commercial routes serving the Greater New York and Philadelphia metropolitan areas. Designed to cater to an underserved segment of the commercial real estate market, the six-building asset features adaptable bay configurations, drive-in loading capabilities and functional yard space that enable local and regional trade contractors, light manufacturers, distributors, and logistics providers to anchor operations near major population centers.
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About Doors & Spaces Industrial
Doors & Spaces Industrial is an institutional real estate investment, development and management firm focused on the acquisition, development and management of small-bay industrial (SBI) properties. Co-founded by Managing Partners Brian Whitmer, Jonathan Weinstein and Matthew Deitrick, director of construction, the firm leverages a collective 50-year history of leadership to handle every facet of the investment lifecycle in-house, from capital stacking and governmental approvals to technology-enhanced asset management. Doors & Spaces is committed to creating value by aggregating high-demand, multi-tenanted properties near primary transit corridors in the nation’s top metropolitan statistical areas.
About Devli Real Estate
Founded in 1986, Devli is a privately held real estate investment, development and management firm with a 40-year record of accomplishment of owning and operating high-quality assets that form the backbone of today’s economy. The company’s diversified portfolio spans the industrial, retail, residential, office, storage and hospitality sectors across key regional markets. From Fortune 500 corporations to growing local enterprises, Devli provides adaptable, high-functioning real estate solutions that enable businesses of all sizes to scale, excel and thrive.