NAI Mertz Completes Land Sale for Lukoil on Street Road in Philadelphia Suburbs
NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, announced the recent land sale of 305 East Street Road in Feasterville-Trevose, Pennsylvania. The sale was inked by NAI Mertz vice presidents Zena Charokopos and Rick Gordon who represented the seller, Lukoil. The buyer was Republic Bank.
“This is an excellent opportunity in a busy retail corridor for Republic Bank,” stated Charokopos. “We are pleased to have represented our client in this transaction and to also bring a quality tenant to this popular area of Bucks County,” added Gordon.
Formerly a Lukoil Gas Station, this site is a nearly one-acre land parcel situated on a rare corner lot. In addition, the intersection of the lot has a traffic signal, allowing for easy access in and out of the site. The site also offers 200 feet of frontage on Street Road.
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About NAI Mertz
Founded in 1980, NAI Mertz is a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania. 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, a top 5 commercial real estate brand, enables the firm to provide large-scale global real estate services. NAI Mertz has been recognized as Office of the Year for NAI Global selected from a pool of 400 NAI offices. NAI Global comprises more than 7,000 commercial real estate professionals and manages over 425 million square feet of space.
For more information on NAI Mertz, visit its web site at www.naimertz.com, or 800.520.7139.