NAI Mertz brokerage team concludes sale of 116,000 s/f East Gate Business Center in Mount Laurel, NJ

January 22, 2020

MT. LAUREL, NJ — NAI Mertz, a full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, announced it recently completed the sale of East Gate Business Center, a 116,000 s/f office and flex complex in Mount Laurel. The team of Scott Mertz, SIOR, president; John Adderly, executive vice president-managing director; Rebecca Ting, SIOR, senior vice president; and Julie Kronfeld, SIOR, vice president; represented the previous owner, Eastgate Business Center, LLC, in this transaction. The buyer, Strategic Funding Alternatives LLC, adds this eight-building business complex to its existing South Jersey portfolio of properties.
“Our team has served as exclusive leasing agents at East Gate since 1998, and we are pleased to have represented our client in trading this first-class property to SFA, as they continue to expand and diversify their portfolio of assets,” stated Mertz. “As experts in the Mount Laurel office and flex real estate landscape, we look forward to remaining the exclusive agents of this corporate center and bringing new and exciting companies to the mix of tenants that call East Gate home,” he added.
 

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