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 Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their