www.marejournal.com S hopping C enters N ew J ersey S potlight S outhern NJ Construction begins on Cornerstone at Seaside Walters Group unveils new LEED-Certified multifamily development in Toms River T OMS RIVER, NJ — Walters Group held a ceremonial ribbon-cut- M id A tlantic
Real Estate Journal — Southern New Jersey — October 13 - 26, 2017 — 5B
bedroom layouts. The income- restricted units will be open to older adults who do not make more than 60% of the county’s median income. “Cornerstone at Seaside will address local housing needs by providing high-quality apart- ments with numerous services and amenities for older adults who are cost burdened,” said Ed Walters, Jr. , president and founder of Walters Group. “This development will allow residents to age in a safe, af- fordable and well-built home.” Cornerstone at Seaside is designed to achieve LEED and ENERGY STAR status for incorporating a number of sustainable features. As an energy-efficient and green property, Cornerstone at Sea- side will feature non-invasive landscaping, the use of re- cycled materials during con- struction and a close proximity to local retailers. In addition, Energy Star appliances will help residents with long-term reductions in utility costs. n based teams. Founded in 1980, NAI Mertz is a leading full-service com- mercial real estate firm con- ducting business through- out the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania. The company provides expert services in bro- kerage, leasing, sales, invest- ments, property management, site selection and construction management in the industrial, office and retail sectors. NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market profession- als, managing in excess of over 425 million s/f of property. n
ting to officially open Corner- stone at Toms River, a 55-plus income restricted housing com- munity offering 102 LEED-cer- tified apartment units. State and local officials participated in the event, which was held at 2121 Massachusetts Ave. Toms River Mayor Thomas Kelaher, New Jersey Hous- ing and Mortgage Finance Agency CFO John Murray , and Cornerstone at Toms River residents, Walters Group em- ployees and guests attended the celebration. “This is a beautiful place, and the agency is proud to be helping a community like Toms River,” said Murray of the NJHMFA. “We’ve done over 68 multifamily communities with Sandy money since the storm, and there have been thousands of units that we’ve brought back to life in areas that were devastated by the storm.” As part of the ribbon-cutting MT. LAUREL, NJ — NAI Mertz , one of the leading full- service commercial real estate firms serving southern New Jersey and greater Philadel- phia, announced it was named NAI Global Office of the Year. The award, recently pre- sented at the 2017 NAI Global Convention in Carlsbad, CA, acknowledges the top company within NAI Global that ef- fectively promotes the brand, drives business, positively engages with fellow profes- sionals, provides leadership, and represents a continuous growth trajectory. “We are proud to have been honored as Office of the Year by NAI Global,” said Barry Mertz , CEO, NAI Mertz. “This distinction truly depicts our commitment to client services as a company and our dedica- tion to promoting innovation within the NAI organization,” added Dave Grove , COO, NAI Mertz. In addition, Scott Mertz, SIOR , was recognized as the NAI Global Top Producer
Cornerstone at Seaside
hardware store and a five- family apartment building. Located at the corner of Bay Blvd. and Hamilton Ave., the complex will bring new life to a long-neglected area in need of redevelopment, according to the Walters Group, developer of the project. Demolition had begun in March of this year. Corner- stone at Seaside is slated for completion by November 2018. The 91-unit housing community will offer high-end apartments in one- and two-
Shown from left: Mo Hill, Toms River Councilman; Ed Walters, Wal- ters Group Founder; Toms River Mayor Thomas Kelaher; Sherry Goetz; Colleen Goetz and John Murray, New Jersey Housing and
Mortgage Finance Agency CFO. celebration, Walters Group dedicated the courtyard to the memory of Ron Goetz, a Walters Group employee who was an integral member of the Walters Group, managing all of their site work opera- tions. Goetz’ wife, Jaclyn, and two daughters, Colleen and Sherry, attended the event
and accepted a plaque in his honor. SEASIDE HEIGHTS, NJ — Cornerstone at Seaside, a new age (55+) and income- restricted apartment com- munity, is under construction following the demolition of the former Travel Inn Motel, Seaside Lumber yard and
NAI Mertz receives two distinguished awards fromNAI Global
NAI Mertz employees gather outside of its Mt. Laurel, New Jersey headquarters.
and contributions to our global company,” he concluded. NAI Global has benefited from NAI Mertz’s contribu- tions for many years. Barry Mertz, CEO, has served as an NAI Leadership Board Member; Jeff Licht as NAI Industrial Council Chair; Fred Meyer as NAI corporate ser- vices Chair; and Becky Ting as an Office Council Member. The company is proud to have others serving as members of various councils and sector-
of the Year. This accolade honors individuals handling the highest volume of multi- market business within the NAI Global network. Scott completed transactions last year totaling over 6.5 million s/f. Scott was also recognized as a top producer in 2014 and earned second place in 2015. “NAI Mertz, one of the first ten partner offices of NAI Glob- al, has continuously evolved year after year, and under the leadership of the Mertz
Family; Dave Grove, COO; and Fred Meyer , VP & direc- tor of corporate services, the company is realizing dynamic growth in all sectors of its business,” said Jay Olshon- sky , president of NAI Global. “Scott’s professionalism and industry expertise allows him to leverage local relationships for multi-market opportuni- ties. These awards are well- deserved, and it is with appre- ciation that we honor Scott and NAI Mertz for their leadership
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