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Plymouth Rock Assurance Leases 11,262 Square Feet Office At 501 Fellowship Road In Mount Laurel

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LEASED

New Jersey

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Office
Leased 09/05/2025
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LEASED

Plymouth Rock Assurance Leases 11,262 Square Feet Office At 501 Fellowship Road In Mount Laurel

501 Fellowship Road

See Similar Deals
Office
Leased 09/05/2025
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Summary

NEW JERSEY
Asset Type:Office
Transaction Type:Lease

The property asset involved in this lease transaction is located at 501 Fellowship Road in Mount Laurel. This office space encompasses a total of 11,262 square feet and is part of a Class A office building. Following this lease, the building reaches an occupancy rate of 90%, with one suite still available for lease.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 501 Fellowship Road
  • Market: Mount Laurel
  • Landlord: Jonathan Rubin - Modani Properties
  • Tenant: Plymouth Rock Assurance
  • Brokers: Scott Mertz & John Adderly - NAI Mertz

This transaction was facilitated by Jonathan Rubin of Modani Properties, who acted as the landlord. The tenant, Plymouth Rock Assurance, has secured the lease through representation from brokers Scott Mertz and John Adderly of NAI Mertz, contributing to the successful leasing of the space.

Players

Scott Mertz
15 deals$44.9M volume
BROKER


NAI Global
BROKERAGE

Details

LEASED
IMAGE: Jonathan Rubin, Scott Mertz & John Adderly DATE: 09/05/2025 ADDRESS: 501 Fellowship Road MARKET: Mount Laurel ASSET TYPE: Office ~ SF: 11,262 LANDLORD: Jonathan Rubin - Modani Properties TENANT: Plymouth Rock Assurance BROKERS: Scott Mertz & John Adderly - NAI Mertz NOTE: Plymouth Rock Assurance leased 11,262 square feet at 501 Fellowship Road in Mount Laurel, with NAI Mertz representing landlord Modani Properties. The deal brings the Class A office building to 90% occupancy, leaving one suite available.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97