NAI Mertz, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, on April 8 said it was recently appointed exclusive leasing agent for a 1.24 million-square-foot industrial portfolio in South Jersey and Philadelphia owned by Montclair-based Camber Real Estate Partners.
“While big-box industrial leases have been garnering headlines, demand for small and mid-sized units has been exceptionally strong,” stated Scott Mertz, NAI Mertz president. “The current vacancies in Camber’s portfolio are in some of the region’s premier industrial parks. They’ll be on the radar of manufacturing and light industrial users who require spaces ranging from a few thousand square feet to large boxes,” he added.
The portfolio includes a mix of distribution buildings and multi-tenant infill light industrial properties.
“The composition of this portfolio aligns well with our strategy to acquire functional well-leased buildings with a diverse and high-quality roster of tenants in strategic submarkets,” Dave Surti of Camber said.
The location of the 25 building portfolio provides strategic access to Philadelphia and southern and central New Jersey—areas in which the NAI Mertz team has an exceptionally strong record for leasing and sales.