By Joshua Burd
The longtime tenant at a Pennsauken industrial building has acquired the 60,000-square-foot facility for $4.25 million, in a newly announced deal by NAI Mertz.
Jonathan Klear, a senior vice president with the brokerage firm, represented Fastener Dimensions in its purchase of the property at 6850 River Road. With the completion of the deal, the manufacturer and distributor of precision bolts for the aerospace industry now owns the location near routes 90 and 130, which provides quick access to Philadelphia via the Betsy Ross Bridge.
“I was pleased to have worked on behalf of Fastener Dimensions to purchase the facility it has called home for several years,” Klear said. “The company provides a unique product to the aerospace industry and this purchase solidifies their commitment to the area and their business.”
