Sheldon Gross Realty recently announced the acquisition of an 82,000-square-foot industrial asset in Willingboro.Sheldon Gross Realty recently announced the acquisition of an 82,000-square-foot industrial asset in Willingboro.
Merola Tile Group purchased the building, located at 49 Ironside Court, which was previously used by a third-party logistics provider. It now will be used to distribute both Merola Tile and SomerTile products in the Northeast.
“The facility is ideally suited to tile storage and distribution. Its immediate proximity to major trucking corridors will provide Merola Tile easy access to the ports it uses for shipping,” said Jonathan Glick of Sheldon Gross Realty. Glick represented the seller.
Sheldon Gross Realty is based out of West Orange. The brokerage firm specializes in management and sales of industrial, office and retail space.
Merola Tile was founded in 1988. The company specializes in ceramic tile and adhesives. This is the company’s third location.