4-13-18

Real Estate Journal — Southern New Jersey — April 13 - 26, 2018 — 11B

www.marejournal.com

M id A tlantic

S outhern N ew J ersey

Leases renewed in 135,800 s/f Fairfield office building Sheldon Gross Realty manages pair of Southern NJ transactions

AIRFIELD, NJ—Noth- ing testifies to the quali- ty of a commercial prop- e r t y mo r e than renewed leases – and the 135,800 s/f, mixed-use structure at 111 Lehigh Dr. in Fair- field recently recorded one renewal and one expanded renewal. In transactions managed by Sheldon Gross Realty senior vice president Robert Nathin , Allied Beverage renewed its lease at the one-story structure for 80,934 s/f of space, while Allstate Flooring expanded its lease to 12,678 s/f. The 111 Le- high Dr. structure offers both office space and substantial warehousing capabilities. “This building is in a stel- lar location – immediately adjacent to Route 46, one mile from Route 80, and two miles from Route 280,” said Nathin. “It’s a marvelous place from which to conduct business – as the renewal of these two leases demonstrates.” In addition to a 250-vehicle parking lot, the 111 Lehigh Drive location also features lofty ceilings that vary in height from 21 to 24 feet. n F Robert Nathin Vantage RES rep- resents RVN TV with leasing space at Cherry Hill Industrial Park Cherry Hill, NJ — Vantage Real Estate Ser- vices (Vantage RES) repre- sented Radiovision Network Television (RVN TV) with their new lease at Cherry Hill Indus- trial Park in Cherry Hill. RVN TV is a cutting-edge media platform with live stream and internet radio mediums. Vantage RES’ executive vice president, Monica Walsh , worked closely with Keith Reynolds, managing partner of RVN TV to fulfill his vision of expanding his physical foot- print from 800 +/- s/f to 5,000 +/- s/f for his streaming plat- form. Walsh’s diverse experi- ence and background allowed her to recognize and assist with RVN TV’s desire to take their East Coast-based studio to the next level, with the more suit- able and fitting larger location located at 2 Keystone Ave.in Cherry Hill. n

111 Lehigh Dr.

The Missing Piece.

70% of the cost will be covered.

Upgrade to energy efficiency with Direct Install from New Jersey’s Clean Energy Program™ and

Direct Install is brought to you by the New Jersey Board of Public Utilities.

HIGH EFFICIENCY LIGHTING / HVAC WATER / SOLAR

888-777-4501 • hutchbiz.com William A. Hutchinson Jr, LMP, Plumbing Lic. #5041. Edward P. Hutchinson, Master HVAC Contractor Lic. #22700. Hutchinson HIC Reg. #13VH01747500.

FOR BUSINESS

Made with FlippingBook - professional solution for displaying marketing and sales documents online