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By Joshua Burd
A growing maker of bakery ingredients has added nearly 433,000 square feet after a series of industrial deals in New Jersey and California, according to a broker with NAI Mertz.
The moves by Puratos U.S. include two leases in Pennsuaken, one for 28,800 square feet at 8470 Remington Ave. and another for 117,000 square feet at 9000 River Road. In Gardena, California, the company took 86,879 square feet at 15601 South Avalon Blvd.
NAI Mertz President Scott Mertz represented Puratos in the deals, noting that it also handled the firm’s purchase of 200,000 square feet at 9130 Griffith Morgan Blvd. in Pennsuaken.
“We’re pleased to support Puratos U.S., a leading provider of innovative bakery ingredients for large industrial bakeries, retailers, food service chains and distributors in the United States,” Mertz said. “The company’s recent investment on both coasts is a testament to their national growth strategy and we’re proud to be their partner of choice on commercial real estate acquisitions, dispositions and leasing needs.”
Ann Marie Earle, vice president of finance and U.S. chief financial officer for Puratos, added:
“As a global company with a strong U.S. presence and unparalleled expertise in the bakery industry, it was important to find the right partner for these strategic investments. Scott and the team from NAI Mertz delivered timely negotiation and logistics support throughout the process. Their attention to detail and always-on mentality aligned perfectly with the culture of Puratos and will further strengthen our ability to deliver exceptional bakery innovation for the U.S. market
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