Here is a roundup of some of the activities in the New Jersey market in the past week.
LEASES
MARLTON, NJ—NAI Mertz leased 3,600 square feet of retail space at Marlton Square Shopping Center to Cherry Hill Martial Arts. Fred Meyer, SIOR, director of corporate services, and Jonathan Klear, vice president, negotiated the transaction on behalf of ownership. Cherry Hill Martial Arts is relocating to Marlton Square Shopping Center from a nearby location. Located at 701 Route 70 at the intersection of Cropwell Road, Marlton Square Shopping Center is a 40,000-square-foot multi-tenant retail plaza anchored by Staples. Cherry Hill Martial Arts will be joining a barber shop and a gift shop in the plaza, which is adjacent to a newly constructed Aldi's, as well as a 7-Eleven and Valero gas station. The plaza is currently 79 percent leased with retail space available from 1,800 square feet.
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