“It started with a referral over two years ago. Scott Mertz, SIOR and President of NAI Mertz in Mount Laurel, New Jersey, had worked diligently over a six-month period with a tire company to get them into a 40,000-sq.-ft. property. Not long after the deal closed, Mertz got a call from a man who had been referred by the tire company owner. He told Mertz that his company had a facility in California but they wanted to start a new version of the company on the East Coast, beginning with a small distribution and packaging facility that would accommodate a startup e-commerce operation. Shortly after the call Mertz found an 8,000-square-foot sublease space on a month-to-month basis in Burlington, NJ, near the Delaware River, for Power in Cloud.
Fast forward to September of 2018 and Scott Mertz closed his 7th deal with Power in Cloud/Western Post, a 122,000-sq.-ft. Class A industrial lease in Houston, TX, with landlord Industrial Property Trust. NAI Partners‘ John Ferruzzo and Chris Caudill were the local brokers involved in that lease.”