M id A tlantic Real Estate Journal — New Jersey — April 10 - 23, 2020 — 11B
www.marej.com
N ew J ersey
INELAND, NJ — NAI Mertz , a full-service commercial real estate Closes 50,274 s/f building sale located at 1560 NW Blvd. NAI Mertz’s Jonathan Klear and Fred Meyer ink $2.6M industrial building sale in Vineland V
firm conduct- ing business throughout the Uni ted States, and globally, from its regional o f f i c e s i n New Jersey, greater Phil- adelphia and n o r t h e a s t - e r n P e n n - s y l v a n i a , announ c ed that Jona- than Klear , senior vi ce p r e s i d e n t , a n d F r e d
Jonathan Klear
1560 NW Blvd.
Sentry Office Plaza
of this vacant industrial build- ing, at an aggressive price, was an important real estate trans- action for our client, which took over a year to complete” stated Klear. “We are glad to have worked with LS Capital to find the right buyer for this property,” he added. Columbia Care offers canna- bis-based health and wellness solutions for patients, and works to leverage data and research to fuel innovation and improve access to cannabis
and plant-based solutions. The company has over 25 locations throughout the U.S and Puerto Rico. This is Columbia Care’s first location in the state of New Jersey, and represents one of six New Jersey cultivation licenses issued in 2018. “New Jersey is moving to provide alternative healthcare for qualifying patients, and Columbia Care is a trusted and respected company in its industry,” added Meyer. “This property provides quality ware-
house and office space, and a smart location, to support its business operations,” he added. WESTMONT, NJ — NAI Mertz announced the brokerage team of Rebecca Ting, SIOR , senior vice president, and Julie Kronfeld, SIOR , vice presi- dent, have been awarded the leasing assignment of Sentry Office Plaza in Westmont, NJ. The seven-story, 120,389 s/f office building has available suites divisible to 622 s/f to a maximum contiguous space of
12,008 s/f. “Sentry Office Plaza offers tenants big city convenience at a small-town price,” said Ting. We are pleased to offer this superb location to busi- nesses looking for small suites or larger office spaces,” added Kronfeld. Located at 216 Haddon Ave., Sentry Office Plaza is adjacent to the Westmont PATCO sta- tion, and offers abundant park- ing, an on- site deli and flexible office configurations.
Fred Meyer
Meyer, SIOR , executive vice president, director of brokerage & corporate services, recently closed the sale of a 50,274 s/f industrial building located at 1560 NW Blvd. in Vineland, NJ. The NAI Mertz team repre- sented the seller, LS Capital , in this transaction. “The culmination of the sale
When it comes to getting deals done in today's fast-paced market, time is more important than ever. We think waiting 4-5 weeks for an appraisal is unconscionable
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