NAI Mertz’s Jonathan Klear Brokers Sale of 60,000 SF Industrial Property in Pennsauken, NJ

Mount Laurel, NJ (August 2, 2023) – 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 announced that Jonathan Klear, Senior Vice President brokered the sale of a 60,000 SF industrial property located at 6850 River Road in Pennsauken, New Jersey. Fastener Dimensions, a manufacturer and distributor of precision bolts for the aerospace industry, purchased this property that it has been operating in for several years. The sale price was $4,250,000.

Klear noted, “I was pleased to have worked on behalf of Fastener Dimensions to purchase the facility it has called home for several years. The company provides a unique product to the aerospace industry and this purchase solidifies their commitment to the area and their business.”

This free-standing industrial building sits in close proximity to Routes 90 and 130 and is easily accessible to Philadelphia via the Betsy Ross Bridge.