Mertz Sells 57,570 SF Industrial Bldg to Expanding Chocolate Company in Pennsauken, NJ
-Pennsauken Marketplace Offers Ideal Scenario for Distribution and Manufacturing Companies-
MT. LAUREL, N.J. (NOVEMBER 24, 2014)— NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, announced that Scott Mertz, SIOR, principal, recently represented Puratos Corporation in the purchase of a 57,750-square-foot industrial building located at 1705 Suckle Highway in Pennsauken, New Jersey. Whitesell Construction, the owner of the facility, represented themselves in the transaction.
“With its close proximity to area bridges to Philadelphia and easy access to southern New Jersey’s major roadways, Pennsauken is an ideal location for companies looking to buy or lease distribution and manufacturing facilities,” said Mertz. “This building offers many conveniences and first-class amenities and is a perfect fit for Puratos’ rapidly expanding business,” he added.
Puratos Corporation is a Belgium food manufacturer and distribution company offering a full range of products for the bakery, patisserie and chocolate industries. Headquartered in Cherry Hill, New Jersey, Puratos says this will be its fifth distribution center in the U.S. The company also operates an additional five culinary innovation and nutrition centers.
The sale of this building is one of many recent transactions inked by Scott Mertz and NAI Mertz in the Pennsauken area. In the past two years, Scott Mertz has leased 190,000 square feet and sold 145,000 square feet of industrial space in Pennsauken. As a company, NAI Mertz has leased over 250,000 square feet and sold over 205,000 square feet in Pennsauken since the beginning of 2013.
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About NAI Mertz
Founded in 1980, NAI Mertz is a leading full-service commercial real estate firm serving the southern New Jersey and greater Philadelphia areas. With offices in Mt. Laurel, NJ; Bucks County, PA; and NAI Mertz of PA in Wilkes-Barre, PA, the company provides expert services in brokerage, leasing, sales, investments, property management, site selection and construction management in the industrial, office and retail sectors. NAI Mertz’s clients include Fortune 500 companies, financial institutions, private investors, large public corporations and small businesses. Its partnership with NAI Global, one of the largest managed networks of commercial real estate service providers comprising 6,700 professionals in more than 375 offices in over 55 countries, enables the firm to provide large-scale global real estate services with a unique local expertise.
For more information on NAI Mertz, visit its web site at www.naimertz.com, or contact its Mt. Laurel, NJ, headquarters at 856.234.9600, or NAI Mertz of PA at 570.820.7700.
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