NAI Mertz Brokers $13.5M Sale of Industrial Property in New Jersey

by David Cohen

MOORESTOWN, N.J. — NAI Mertz has brokered the $13.5 million sale of a 209,000-square-foot industrial property in Moorestown. Located at 540 Glen Ave., the property is currently fully leased to two tenants and features 18- to 24-foot clear heights as well as 40-by-40 foot column spacing. Fred Meyer and Jonathan Klear of NAI Mertz represented the seller, 540 Glen LLC, in the transaction. The buyer was One Liberty Properties Inc.

You may also like