NAI Mertz’s Lashner & Licht Complete Sale of Two Industrial Buildings Totaling 48,390 SF in Philadelphia, Pa.
Bucks County, PA (January 21, 2015) – NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, recently completed the sale of two buildings totaling 48,390 square feet located along W. Clearfield Street in Philadelphia, Pa. Jeffery Licht, SIOR, senior vice president, and Adam Lashner, vice president, represented both the buyer, Stoopi Investments, LLC, and the seller, Laminated Materials Corporation, in the transaction.
“We are pleased to have completed the sale of these two industrial properties for LMC,” said Licht. “The seller’s move from Philadelphia to Bensalem is now 100% complete."
Situated on an approximately one acre parcel, 125-155 W. Clearfield Street is a 27,350-square-foot industrial building with one tailgate and three drive-in doors. The second building purchased by Stoopi Investments is 157-177 W. Clearfield Street, a 21,040-square-foot industrial building situated on .67 acres with one tailgate and six drive-in doors. Located in north Philadelphia, these buildings are one and a half miles from Broad Street and in close proximity to I-95.
The buildings are available for immediate lease or sale, and Jeffrey Licht will remain the listing agent.
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.