NAI Mertz Completes Sale of 43,750-Square-Foot Industrial Building in Vineland

On Jun 22, 2016

NAI Mertz, a full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, is announces the sale of a 43,750-square-foot industrial building located at 301 North 4thStreet in Vineland, to Plastic Express, Inc. NAI Mertz’s RoyKardon, SIOR, vice president, and John Brown, Broker Associate, were the solebrokers in this transaction representing both the buyer, and the seller, TheWelfont Group.

Plastic Express,Inc. provides custom‐tailored and logistical solutions to fit the needs of its customers who service the bulk trucking, bulk terminal, packaging andwarehousing needs of the plastic industry.

“We are pleased to have completed this transaction in just 20 short days — from inception to closing — on behalf of our clients,” stated Kardon. “Logistics businesses are significantly driving the industrial sector in southern New Jersey, and this building sale is a testament to this growing trend,” he added.

“The new owner will utilize this building for extra storage space for its expanding business, and because of its reasonable price and great location, it was a win-win transaction for both the buyer and the seller,” added Brown.

Located in Cumberland County, 301 North 4th Street offers both industrial and office space, and includes a 29,000 fenced-in and paved yard area, 18-foot clear ceiling heights, six tailgate doors, and one drive-in door.

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