Ting and Mertz of NAI Mertz broker seven leases totaling 58,842 s/f
NAI Mertz, Realtor, has completed seven leases at the Cherry Hill Business Park totaling 58,842 s/f. Rebecca Ting, SIOR, and Scott Mertz, SIOR, negotiated on behalf of the owners, Cherry Umbrella, LLC. The deals include:
* Newborn Nurses Group is occupying 10,300 s/f of office space at 2 Pin Oak Ln., Suite 250
* Camp Bow Wow will occupy 9,871 s/f for a doggie day care facility at 3 Esterbrook Ln. The tenant was represented by the Flynn Co.
* Thomas Alberco leased 9,771 s/f at 2010 Springdale Rd., Unit 100, in which he will wholesale wine for the Delaware Valley. Tony DiDio was the co-broker.
* Ilken, a granite countertop manufacturing company, will be leasing 9,064 s/f of hi-tech space at 2010 Springdale Rd. for their showroom and hi-tech warehouse.
* CSI will occupy 8,535 s/f of office space at 1 Keystone Ave. CBRE was the co-broker.
* All Brand leased 8,262 s/f at 2010 Springdale Rd., a supplier of parts for all major brands of appliances.
* The Garr Group leased 3,039 s/f of office space at 2020 Springdale Rd., Suite 300 in a relocation from Voorhees.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional