NAI Mertz Negotiates Sale of Mixed-Use Building in Downtown Collingswood, NJ, to Private Investor
MT. LAUREL, N.J. (JULY 1, 2015)—NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, recently completed the sale of a 6,000-square-foot mixed-use building located at 814-816 Haddon Avenue in Collingswood, Camden County, New Jersey. The NAI Mertz team of Jonathan Klear, vice president, and Scott Mertz, SIOR, president, negotiated the transaction on behalf of the seller, Dergalcol, LLC.
“This is a great investment property, and we are pleased to have negotiated this sale on behalf of our client,” said Klear. “With the retail tenant in the building on a long-term lease, and the desirability of downtown Collingswood, this property is sure to bring great returns for the new owner,” he added.
Located in the heart of downtown Collingswood, 814-816 Haddon Avenue is a 6,000 square-foot, fully leased mixed-use building. The ground floor of the building features retail space occupied by Weinstein Bath & Kitchen Showroom. The second floor features three residential apartments. The property is situated at the corner of Haddon and Lees Avenues, just steps away from the Collingswood PATCO high-speed line to Philadelphia. The facility also is nearby many popular retail stores, restaurants and cultural destinations.
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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.