NAI Mertz’s Jon Klear and Ryan Brennan Close 30,000 SF of Leases To Bring Velocity’s Rockhill Industrial Park in Cherry Hill, NJ to Full Occupancy

Mt. Laurel, NJ (April 1, 2025)– NAI Mertz, a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania, recently completed a total of approximately 30,000 square-feet of leases at Rockhill Industrial Park in Cherry Hill, NJ. Listing agents Jonathan Klear, Senior Vice President, and Ryan Brennan, Sales Associate, completed leases recently for the last four remaining units to bring the 97,000-square-foot, eight-building industrial park to 100% occupancy for ownership, Velocity Venture Partners.

Velocity revitalized the complex through a multi-million-dollar campaign to modernize its industrial functionality and deliver turn-key fit outs to new tenants. The site’s location directly on Route 70, just yards away from Interstate 295 and the New Jersey Turnpike, in conjunction with the renovation campaign, led to a swift lease up.

Velocity founding partner, Tony Grelli, shared “the small bay industrial market in our region is alive and well, and we are thrilled to welcome these new tenants to the Velocity family. Virtually no one is building new product for users in the five to fifty thousand square foot range, and we look forward to continuing to capitalize on this supply-demand imbalance to provide much needed offerings to today’s industrial tenants. Thank you to Jon and Ryan for the hard work in executing our vision at Rockhill.”

“Velocity’s construction and asset management teams gave us all the tools we needed to quickly lease this park to a mix of new users. A highlight to our success was a long-term deal with a signage manufacturer, who chose Rockhill Industrial Park as their east coast headquarters,” added NAI Mertz’s Jon Klear.

About NAI Mertz
Founded in 1980, NAI Mertz is a leading full-service commercial real estate firm conducting business throughout the United States, and globally, from its regional offices in New Jersey, greater Philadelphia and northeastern Pennsylvania. The company provides expert services in brokerage, leasing, sales, investments, property management, site selection and construction management in the industrial, office and retail sectors. NAI Mertz’s clients include Fortune 500 companies, financial institutions, private investors, large public corporations and small businesses. Its partnership with NAI Global, a top 5 commercial real estate brand, enables the firm to provide large-scale global real estate services. NAI Mertz has been recognized as an Office of the Year for NAI Global selected from a pool of 375 NAI offices. NAI Global comprises more than 6,000 commercial real estate professionals and manages over 1.15 billion square feet of space. For more information on NAI Mertz, visit its web site at www.naimertz.com, or 800.520.7139.

About Velocity
Velocity has acquired nearly 10 million square feet of industrial and conversion-to-industrial assets across the Northeast Region of the United States. Their portfolio currently comprises 8 million square feet across more than 100 buildings, where they cater to tenants “priced or sized out” of the Class A market. Velocity’s current roster includes 400 businesses ranging from 500 to 300,000 square feet. For more information, visit www.velocityinv.com.