10C — December 28, 2018 - January 10, 2019 — The Year in Review 2018 — M id A tlantic
Real Estate Journal
www.marejournal.com
MARCH 29 - APRIL 11, 2018 FCP announces sale of 1 Dulles in Herndon, VA for $226.0M Sweetwood of Kislak arranges sale of Pavilion Apartments in Newark, NJ for $70.5M Advance Realty & Greek Development acquire 350-acre development parcel in Linden, NJ CBRE teams with Brandywine Realty Trust for retail por- tion of $3.5B Schuylkill Yards development Waters Retail Group signs leases totaling 49,333 s/f at The Shoppes at Longwood Village Neuman Comm’l. Group arranges sale of a Joppa Center for $2.675M Lee & Associates of NJ reps. landlord in bank lease The Goldstein Group completes sale of redevelopment site in Bogota New Jersey Thornton Tomasetti’s Naderi receives SEA-MW 2018 Ris- ing Star Award Crystal Window & Door Systems appoints Steve Chen president Hollister Construction Services delivers state-of-the-art aquatic and fitness center Furst to serve as chief operating officer of Blackfin Real Es- tate Investors Kinsley receives Excellence in Construction Award from As- sociated Builders and Contractors Thor Equities acquires first property in Philadelphia totaling 214,000 s/f for $41.8M
Year in Review 2018
Company earns several accolades NAI Mertz touts successful 2018, expands its team
A
tral and southern New Jersey market, the greater Philadel- phia region, in Northeastern Pennsylvania and around the world with sizable transactions completed in Europe and Asia. Some notable transactions com- pleted by the NAI Mertz team in 2018 include: • A 29,762 s/f lease for City Winery at Fashion District Philadelphia. John Adderly and Scott Mertz, along with HSP Real Estate, represented City Winery in a long-term lease at the 838,000 s/f shopping and lifestyle center opening in 2019 in downtown Philadelphia. • The sale of a three-building
industrial portfolio totaling 192,382 square feet in Swedes- boro, NJ. Scott Mertz brokered the sale and was retained by the new ownership to serve as the exclusive leasing agent for the properties. • The sale of Neshaminy Inn, a 33,000 s/f motel, and an adjacent 3,500 s/f retail plaza in Bensalem, PA. Jeff Licht and Fred Meyer brokered the transaction. • The sale of a 296,000 s/f industrial facility in Dunmore, PA. Dave Weaver and Steve Cole brokered the sale of the building located in the Key- stone Industrial Park with access to Interstate 81. NAI Mertz continues to ex- pand its strength in numbers across the greater New Jersey and Pennsylvania regions with the addition of several highly successful and talented staff. The Bucks County, PA office welcomed Howard Fertman as VP of National Accounts earlier this year. Fertman, who comes to NAI Mertz with more than 15 years of industry experience, is focused on developing new business relationships. Also, Jared Licht joined as a Sales Associate, and is being men- tored by Fred Meyer, SIOR— who was promoted to Executive Vice President and Director of Corporate and Brokerage Ser- vices earlier in the year—along with Jeff Licht, SIOR, senior vice president. The Mt. Laurel headquarters also gained four important teammembers this year. Bobbi Jean Formosa is the company’s new Executive VP and manag- ing director. With more than 20 years of experience in leading roles at NAI Global, Corning, and Golden West Financial, Bobbi Jean will is leading the NAI Mertz team with a focus on client experience, process optimization and growth. In addition, Joseph Riggs, a 35+ year industry profes- sional, has joined as Senior Vice President of the office division specializing in the sale and leasing of office build- ings and investment proper- ties. Josh Johnson, a new sales associate with the firm, joins Riggs rounding out the strengths and capabilities of the NAI Mertz southern New Jersey office team. New sales associate, Matt O’Rorke, a former intern with NAI Mertz, is working with the corporate services and industrial real estate team. continued on page 21C
s it approaches 40 years in business, NAI Mertz, a leading full-service
commercial rea l es tate firm conduct- ing business throughout the Uni t ed States, and globally, from its regional offices in New
Barry Mertz
Jersey, greater Philadelphia and northeastern Pennsylva- nia, recorded an extremely suc- cessful 2018 closing hundreds of sale and lease transactions throughout the greater cen-
304 Bordentown-Hedding Road | Bordentown, NJ UNDER CONSTRUCTION - DELIVERY SUMMER 2019 120,000 SF Warehouse / Distribution Building at Exit 7 of NJ Tpk
140 Domorah Drive | Montgomeryville, PA IDEAL OWNER / USER OPPORTUNITY 30,000 SF Warehouse / Manufacturing Facility
51 Haddonfield Road | Cherry Hill, NJ CLASS ‘A’ OFFICE MINUTES FROM PHILADELPHIA Suites available for lease from 715 SF to 3,225 SF
301 Grove Road | West Deptford, NJ UNDER CONSTRUCTION - DELIVERY SPRING 2019 122,000 SF Industrial / Distribution Bldg, Immediate I-295 Access
1284 Street Road | Bensalem, PA HIGHLY VISIBLE RETAIL BUILDING FOR SALE OR LEASE 33,800 SF Free Standing Showroom with Warehouse
Cooper Center & Cooper CenterWest | Pennsauken,NJ FIVE BUILDING OFFICE/FLEX PARKS ON COOPER RIVER Availabilities for lease from 900 SF to 9,600 SF
1 Passan Drive | Laflin, PA EXCELLENT DISTRIBUTION LOCATION Up to 225,000 SF Industrial / Distribution Available for Lease
2235 Castor Avenue | Philadelphia, PA PHILADELPHIA INDUSTRIAL BUILDING FOR LEASE 190,000 SF; Easy Access to I-95; Mins from Center City Phila
295 Dekalb Pike | North Wales, NJ HIGHLY VISIBLE INDUSTRIAL BUILDING 68,000 SF; Ideal for Manufacturing, Distribution/Warehouse
1124 Gregg Street | Philadelphia, PA RETAIL/FLEX BUILDING FOR SALE OR LEASE 11,400 SF Free-Standing Building in Northeast Philadelphia
827 Sans Souci Parkway | Wilkes-Barre, PA CRANE SERVED INDUSTRIAL COMPLEX FOR SALE OR LEASE 225,000 SF Production Facility on 28 Acres
1000 Haddonfield Road | Cherry Hill, NJ OPERATING CAR WASH FOR SALE 7,000 SF on 0.77 Acres; 30,000 VPD on Haddonfield Road
NAI Mertz has served the industrial and commercial real estate needs of Southern New Jersey, Greater Philadelphia, and Northeastern PA and beyond for nearly 40 years. Where can we help you?
naimertz.com
+1 800 520 7139
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