NAI Mertz Closes Industrial Lease for Expanding Chocolate Company in Pennsauken

On Nov 19, 2014

NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, announced that Scott Mertz, SIOR, principal, recently represented Puratos Corporation in the purchase of a 57,750-square-foot industrial building located at 1705 Suckle Highway in Pennsauken. Whitesell Construction, the owner of the facility, represented themselves in the transaction.

“With its close proximity to area bridges to Philadelphia and easy access to southern New Jersey’s major roadways, Pennsauken is an ideal location for companies looking to buy or lease distribution and manufacturing facilities,” said Mertz.  “This building offers many conveniences and first-class amenities and is a perfect fit for Puratos’ rapidly expanding business,” he added.

Puratos Corporation is a Belgium food manufacturer and distribution company offering a full range of products for the bakery, patisserie and chocolate industries.  Headquartered in Cherry Hill, New Jersey, Puratos says this will be its fifth distribution center in the U.S.  The company also operates an additional five culinary innovation and nutrition centers.

The sale of this building is one of many recent transactions inked by Scott Mertz and NAI Mertz in the Pennsauken area.  In the past two years, Scott Mertz has leased 190,000 square feet and sold 145,000 square feet of industrial space in Pennsauken.  As a company, NAI Mertz has leased over 250,000 square feet and sold over 205,000 square feet in Pennsauken since the beginning of 2013.

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