MARLTON, NJ—NAI Mertz has completed the sale of a 156,280-square-foot multi-tenant, light industrial building located at 4 East Stow Road in Marlton, NJ, to Plymouth Industrial REIT, a Boston-based real estate investment corporation. Jonathan Klear, vice president of NAI Mertz, and Fred Meyer, SIOR, director of corporate services, negotiated the transaction.
4 East Stow Road is currently 97 percent leased, under long-term, triple net leases. Current tenants in the building include Cherry Hill Photo, RiverTech Solutions and MBO America. The building, situated on 14.54 acres, features 22' ceiling heights, 22 tailgate loading doors and eight drive-in loading doors. The building is just off Route 73, within five minutes of Interstate 295 and the New Jersey Turnpike, about 15 miles from Philadelphia.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
