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NAI Mertz Brokers Sale of 140,000 SF Industrial Building in Delanco, New Jersey

DELANCO, N.J. — NAI Mertz has brokered the sale of a 140,000-square-foot industrial building in Delanco, located outside of Philadelphia in Southern New Jersey. The building is currently leased to furniture maker Stylex Seating. Jonathan Klear, Roy Kardon, Jeff Licht, Jared Licht and Fred Meyer of NAI Mertz represented the undisclosed seller in the transaction. The team also represented the buyer, New Jersey-based investment firm Faropoint. The sales price was not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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