Commercial real estate firm NAI Mertz announced it has brokered the sale of a warehouse in Burlington Township.
The 46,000-square-foot warehouse was acquired by Burton Real Estate from Merchant & Evans Industries for an undisclosed price, NAI Mertz said. Merchant & Evans will remain as a tenant for several years.
“I am pleased to have assisted Burton Real Estate in expanding its property holdings in this region,” Jonathan Klear, senior vice president at NAI Mertz, said. “This transaction was a win-win for all parties involved — enabling the new owner to acquire a quality industrial building, and also allowing the tenant to remain in its location and continue its business operations without disruption.”
The property has 21-foot ceilings and is within close access to Interstate 295 and Exit 5 of the New Jersey Turnpike.