The East Gate Business Center, a 116,000-square-foot office complex located at 102 Gaither Dr, Mount Laurel Township, was recently sold in a transaction brokered by NAI Mertz. The complex consists of eight buildings and was 94 percent leased at the time of sale. Notable tenants in the complex include NJ Default Group LLC, Terminix International Co., and The McSweeney Agency. Scott Mertz, John Adderly, Rebecca Ting, and Julie Kronfeld of NAI Mertz represented the seller, Eastgate Business Center LLC, while the buyer was Strategic Funding Alternatives LLC.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Seller's Representative: Scott Mertz(NAI Capital)
• Buyer: Strategic Funding Alternatives LLC
• Square Footage: 116,000

The sale of the East Gate Business Center was facilitated by a team of brokers from NAI Mertz, who worked diligently to represent both the seller and the buyer in the transaction. The involvement of Strategic Funding Alternatives LLC as the purchasing entity signifies a strategic investment move in the commercial real estate market in Mount Laurel Township, offering significant potential for both parties involved in the deal.