Bel Fuse sells Jersey City building for $5.9M, relocates HQ to West Orange

BEL FUSE INC /NJ

Closed sale of Jersey City, NJ building for $5.9 million.
Corporate headquarters moving to 300 Executive Drive, West Orange, NJ.
Effective date July 1, 2023; phone number unchanged.
CEO cites reduced commute for 25 HQ associates and lower annual costs.
Move ends over 60 years of Jersey City presence; timing based on market value.

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