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MOORESTOWN, NJ-Regal Wine Imports Inc has signed a new lease for 25,895 sf at 2 Commerce Dr., a 49,000-sf office/flex building within the Moorestown West Corporate Center here. For Regal, the transaction involves a headquarters expansion and relocation from its existing site in nearby Marlton.

Regal was represented in the signing by Kirk Miller of Cushman & Wakefield of NJ, and landlord Mack-Cali was represented in-house by leasing director Tim O’Brien. The lease carries a term of 10 years. Further details were not released. Available space amounting to approximately 12,700 sf in the 74%-leased building is currently listed with an asking price ranging from $5 per sf for flex space to $11 per sf for offices.

“We look forward to building a successful long-term relationship with this new tenant,” says John Adderly, Mack-Cali VP of leasing. “We continue to strive to provide workplaces for a diversity of businesses.”

Mack-Cali’s surrounding Moorestown West Corporate Center occupies 116 acres in South Jersey’s Burlington County. Its building stock consists of 25 buildings adding up to more than one million sf of office, flex and W/D space.

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