11-14-14

4B — November 14 - 27, 2014 — New Jersey — M id A tlantic

Real Estate Journal

www.marejournal.com

N ew J ersey

Networking Holiday Party & Toy Drive

Blau & Berg represents the purchaser Bussel Realty brokers sale of 600 Green Lane in Union for $6.6million

U

NION, NJ — Bussel Realty Corp. (BRC) has brokered the sale

December 3rd at 6:30pm - 8:30pm Wilshire Grand Bring a toy for Wounded War r ior s Pr oject Members of POA FREE with toy Non-Member/Guests $35 For more information call (732) 780-1966 or visit www.poanj.org

of 600 Green Lane in Union, a 91,000 s/f distribution and headquarters facility. The property was sold for $6.6 million to Millstein Acquisi- tions and D’Artagnan. Senior vice presidents Robert Sager and David Blitt represented the owner in the transaction. Blau & Berg represented the purchaser. “600 Green Lane is a solid real estate investment and will be developed into a state- of-the-art distribution facility, complete with cold/dry stor-

600 Green Lane

age, and provide for the ware- house needs of D’Artagnan,” said Blitt. Sitting on 5.90 acres of land, 600 Green Lane pro- vides a strategic location in northern New Jersey, only four miles from Port Newark/

Elizabeth and Newark Lib- erty Airport. The 91,000 s/f property features 13,000 s/f of modern offices, 26- to 28-foot high ceilings, 17 loading docks, 163 parking spaces, and was renovated in 2004 and 2005. n NAI Mertz closes 63,600 s/f sale of industrial facility MT. LAUREL, NJ — NAI Mertz announced the sale of a 63,600 s/f industrial/flex facility at 17 Roland Ave. to Horizon Services, a plumbing and HVAC company. S cott Mertz, SIOR , principal of NAI Mertz, recently represented the owner, Color Graphics, Inc., in this transaction. “This sale represents a signif- icant transaction for the town of Mt. Laurel and an expansion forHorizonServices, a company that employs over 400 people,” said Mertz. CHERRY HILL, NJ — NAI Mertz completed a 3,000 s/f lease on behalf of Bluedeer Yoga &Movement Arts at Tus- cany Marketplace in Cherry Hill. Marc Cutler and Rick Gordon , vice presidents of NAI Mertz’s retail division, represented the tenant, as well as the owner of the retail center, The Village Walk, LLC, in this transaction. This lease brings the center to 100 percent oc- cupancy. “We are pleased to welcome Bluedeer Yoga to Tuscany Marketplace and to bring an exciting new retail brand to the Cherry Hill-Marlton com- munity,” said Cutler. “With an impressive tenant roster al- ready in place at Tuscany Mar- ketplace, we are confident that theBluedeer Yogawill perfectly complement the center, and the extremely popular Rte. 70 retail corridor,” added Gordon. The 59,600 s/f retail center is in close proximity to Rte. 73, I-295, Exit 4 of the New Jersey Tpke., and the Cherry Hill and Moorestown Malls. Other ten- ants in Tuscany Marketplace include Louis ChristianWayne Robert’s Salon n

287,000 SF 1,300,000 SF TO NJ TPKE EXIT 8A NEW CONSTRUCTION

Lease with the

Market Leader

Heller Industrial Parks - 205 Mill Road, Edison NJ 08837 (732) 287-4880

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