SNJ Business People

Markeim-Chalmers Negotiates Sale and Lease of More Than 72,000-Sq. Ft. of Commercial Space and Sale of 27-Unit Apartment Complex

01/03/12

   Markeim-Chalmers, Inc., a leading commercial real estate and appraisal firm in Southern New Jersey, announces the negotiation of several commercial sales and leases in Burlington, Camden and Gloucester Counties. Representing more than 72,000-square feet, the deals involve office and retail sites plus a 27-unit apartment complex.
     • Markeim-Chalmers’ president, Fred Berlinsky, and vice president, Matthew Neisser, negotiated the sale of 921 Pleasant Valley Avenue in Mount Laurel, NJ, representing the seller, Conwell Limited Partnership. The 15,300-square foot office sold to Free For All, Inc. for $1,100,000.00 and settled in September 2011.
     • As Corporate Appointed Receiver, Markeim-Chalmers negotiated the sale of the Castle Apartments, a 27-unit complex located at 232 Cooper Street in Camden, NJ, to JVS Camden, LLC. Markeim-Chalmers’ president, Fred Berlinsky, and vice president, Kevin Burns, represented both parties and finalized settlement in September 2011 for $1,100,000.00.
     • Seth Hersh, vice president with Markeim Chalmers, negotiated the sale of Washington Center, a 12,000 SF retail strip center located at 5100 Route 42 in Washington Township, NJ. Hersh was the sole broker involved in the transaction between Washington Center, LP (seller) and a private real estate investment group (buyer), which settled in October 2011.
     • Seth Hersh, vice president with Markeim-Chalmers, negotiated the long-term lease of a 2,200-square foot free-standing former bank branch to AT&T Wireless. The property is located at the corner of the White Horse Pike and Somerdale Road in Somerdale, NJ. Hersh represented both Grammercy Capital (landlord) and AT&T Wireless (tenant).
     • Markeim-Chalmers arranged the lease of 3,200-square feet in medical office space between AtlanticCare (tenant) and Streamwood Co. (landlord). Seth Hersh, vice president, represented both parties in the long-term deal within the Bank of America Plaza at Route 38 and Larchmont Boulevard in Mount Laurel, NJ.
     • Markeim-Chalmers’ vice presidents, Matthew Neisser and Kevin Burns, represented the landlord, Horizon Way Equities, in the long-term lease of a 9,000-square foot office at 14000 Horizon Way in Mount Laurel, NJ to Mamco, Inc. (tenant).
     • Matthew Neisser, vice president with Markeim-Chalmers, negotiated the long-term lease of 1100 Route 70, a 4,000-square foot standalone office in Cherry Hill, NJ. Neisser acted on behalf of both parties – Cherry Hill Animal Health Center (tenant) and Conwell Limited Partnership (landlord).
     • Markeim-Chalmers’ vice president, Scott Martin, represented Delaware Hotel Group (tenant) in lease negotiations for a 2,100-square office located at 100 Century Corporate Center in Mount Laurel, NJ from Needleman Management (landlord).
     • Fred Berlinsky, president of Markeim-Chalmers, arranged the long-term office lease of 2,100-square feet at Cherry Hill Plaza, 1415 Route 70 East in Cherry Hill, NJ, representing both the tenant, Rothstein Sweet, CPA, and landlord, CHP Associates, LLC.
     • Markeim-Chalmers vice president, Kevin Burns, represented the tenant in negotiating the long-term sub-lease of an 11,357-square foot office at 1000 Bishops Gate Boulevard in Mount Laurel, NJ to American Home Mortgage Servicing, Inc. The sub-landlord was MedQuist Inc.
 
http://www.markeim-chalmers.com/

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