Camber Real Estate Partners has tapped NAI Mertz as its leasing agent for a 24-building, 1.24 million-square-foot industrial portfolio in South Jersey and Bucks County, Pennsylvania — Courtesy: NAI Mertz
By Joshua Burd
The new owner of a 24-building, 1.24 million-square-foot industrial portfolio in South Jersey and Bucks County, Pennsylvania, has selected NAI Mertz as its leasing agent.
In a news release, the brokerage firm said it was seeking tenants for the collection of distribution and multitenant light industrial properties on behalf of Camber Real Estate Partners. NAI Mertz President Scott Mertz is leading the assignment.
“While big-box industrial leases have been garnering headlines, demand for small and midsized units has been exceptionally strong,” Mertz said. “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.”
Camber announced its purchase of the portfolio earlier this year, marking a major expansion of its platform. Mertz noted that the buildings provide access to Philadelphia and central and southern New Jersey, which serve as key markets for the Mount Laurel-based leasing team.
“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,” said Dave Surti, a principal of Montclair-based Camber.
Camber adds 1.24 million sq. ft. industrial portfolio in South Jersey, Pennsylvania
