NAI Mertz Inks Sale of 65,219-SF Industrial Building in Montgomeryville, Pa.
NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, recently announced the completion of a 65,219-square-foot industrial building sale at 220 Commerce Drive in Montgomeryville, Pa. Representing the seller, LMP Montgomeryville, LLC, was the NAI Mertz team of Jeffrey Licht, SIOR, senior vice president and Adam Lashner, SIOR, vice president. The transaction was co-brokered with Nick Adams, associate, of Jackson Cross Partners.
ClientLink, Inc. was an existing tenant in the building and exercised its option to purchase the property. ClientLink is an innovative production and marketing company that provides a myriad of services including e-commerce, fulfillment, digital and offset printing, direct mail, promotional items, warehousing and logistics.
“We are pleased to have completed this transaction on behalf of our client, and also to assist a great company like ClientLink in meeting its business needs,” stated Licht.
“This fully air-conditioned building has many features that made it an ideal home for ClientLink, including sizeable office & print rooms, heavy power, wide column spacing and high ceilings, as well as its location near the Pennsylvania Turnpike and other major highways, that made the purchase of this building an easy decision for the tenant,” added Lashner.
Situated within Montgomeryville Industrial Park, 220 Commerce Drive features 4,818 square feet of office space, 41,733 square feet of warehouse space, and an 18,000-square-foot production area. The facility also features four tailgate loading docks and one over-sized drive-in door.
Located just of Route 309, which provides immediate access to the Fort Washington and Willow Grove interchanges of the Pennsylvania Turnpike, the building is also in close proximity to Septa bus routes and the Septa Commuter Rail Line. Other nearby highways include Routes 63, 463, 611 and 202.
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.