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NAI Mertz records $60M-plus in Q1 industrial transactions

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Mount Laurel-based NAI Mertz commercial real estate firm recently completed more than $60 million in industrial sale and lease transactions totaling more than 1,325,000 square feet throughout southern and central New Jersey.

“The industrial market across southern and central New Jersey is showing no sign of slowing down,” Mertz said. “These transactions represent the continued strength of this sector and the desire of buyers and tenants to be well-positioned in locations that are in close proximity to both Philadelphia and New York City.”

The sales completed by Mertz include a three-building industrial portfolio totaling 192,382 square feet in Swedesboro, the sale a 90,000-square-foot industrial building in Cherry Hill and a 74,000-square-foot industrial building located within Interstate Business Park in Bellmawr.

Leases inked by Mertz include buildings in Port Reading, Dayton and South Brunswick.

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Elana Knopp

Elana Knopp

Elana Knopp covers all things real estate for NJBIZ. You can contact her at eknopp@njbiz.com.

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