NAI Mertz closes 503,000 s/f sale of industrial warehouse
Burlington, NJ — NAI Mertz, a full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, announced that Scott Mertz, SIOR, president, recently completed the sale transaction of 6 Campus Dr. in Burlington. Mertz was the sole broker in the transaction. The buyer was an investor focused on acquisition and operation of single tenant industrial properties. Generation Brands, a manufacturer and distributor of decorative and functional lighting and ceiling fan products, occupies the entire building.
“The property sits on 60 acres offering the expansion potential of nearly 250,000 s/f making this an ideal purchase for the investor, and the tenant was able to remain in a state-of-the-art facility in a perfect location for its business. This transaction was a win-win for both parties,” said Mertz.
Located just off Rte. 130 in Burlington Twp., and in close proximity to the N.J. Turnpike and I-295, 6 Campus Drive is a class A warehouse building offering 32’ clear ceiling heights, 61 loading docks and ESFR sprinkler systems. The building also is equipped with state-of-the-art solar paneling that provides reduced electrical costs.