6A — August 30 - September 12, 2013 — Mid Atlantic Real Estate Journal
www.marejournal.com M id A tlAntic R eAl e stAte J ouRnAl The landlord was represented by NAI Mertz Colliers International brokers warehouse 130,930 s/f lease
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LACKWOOD, NJ — Colliers Internation- al ’s Southern New Jer- Kärcher North America is a manufacturer of commer- cial, industrial and consumer cleaning equipment, with manufacturing and distribu- tion facilities throughout the country. Although they remain in Blackwood, Kärcher’s relo- cation to the 275,930 s/f build- ing at 500 University Court will enable them to double in B sey office recently concluded a 130,930 s/f lease with Kärcher North America at 500 Univer- sity Court in Blackwood.
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500 University Court in Blackwood, NJ
size. Occupying nearly half the building, Kärcher’s 130,930 s/f space features 10,000 s/f of of- fice space, 24’ ceilings, sixteen tailgate loading doors and one oversized drive-in door. Kärcher was represented by Marc Isdaner , senior vice president and principal of the Colliers International Southern New Jersey office; the landlord was represented by NAI Mertz . “Marc’s insight and market knowledge helped us find a facility that met our growth needs and is located within an area that is ideal for our em- ployees and customers,” said Dave Korty, VP of Logistics for Kärcher. n Meridian Group sells property at Shady Grove ROCKVILLE, MD — The Meridian Group announced that it has closed on the sale of 6.9 acres rezoned for resi- dential use at Shady Grove in Rockville. The Meridian Group, a real estate investment and develop- ment firm based in Bethesda, MD, sold the property to the Hanover Company for $16 mil- lion. Houston-based Hanover plans to build 366 apartment units on the site – formerly zoned for offices -- at Shady Grove Road and the I-270 in- terchange. Leading the sales effort for The Meridian Group was man- aging director Gary Block. “We had tremendous inter- est in this property thanks to its ideal location,” Block said. “Meridian and Hanover worked well together and hammered out a very good deal.” The deal included four office buildings at Tysons Corner totaling 900,000 s/f. n
September 30, 2013 25th Annual Friends of IREM ® Golf Outing at Commonwealth National Golf Club, Horsham, PA. Hosted by:
Join Friends and members of IREM in a day of fun and networking at one of Eastern Montgomery and Bucks County area’s finest
private golf clubs. This Arnold Palmer designed 18 hole championship golf course is only a half hour’s drive from Philadelphia.
1:00PM Shot Gun Start Format: Team Scramble – Foursomes will use each golfer’s drive four times
Contests include closes to the pin, longest drive, straightest drive and more.
6:00PM Cocktails, Dinner Buffet & Prizes
Golf and Dinner includes use of practice grounds, lunch, greens fees, cart, bag tag, golf course refreshments, locker room facilities.
Cost: $325 per player
The Institute of Real Estate Management (IREM), an affiliate of the National Association of REALTORS (NAR®) is commemorating its 80th anniversary this year. IREM membership includes 17,000 professionals, 81 chapters in the US and 8 International chapters. IREM designations are recognized industry-wide as symbols of unparalleled commitment to professional education, ethics and integrity. Delaware Valley Chapter of IREM serves 29 counties in Eastern Pennsylvania and the entire state of Delaware.
For reservations or more information call 856-786-9260 or visit www.irem3.org
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