Markeim Chalmers sells Susquehanna Bank branch in a triple net deal in Mount Laurel, NJ
MOUNT LAUREL, NJ — Markeim Chalmers, Inc., a leading commercial real estate, appraisals and property management firm in the Philadelphia Metropolitan Area, announces the following transaction in Mount Laurel.
The 3,000 s/f bank branch, located at 160 Mt. Holly By-Pass, Lumberton, NJ (Burlington County), was sold for an undisclosed price. Seth Hersh, vice president of Markeim Chalmers, represented the buyer, a private LLC. Hersh also represented the seller, a provate LLC. SELLER: Private LLC
The 3,000 s/f branch was sold with a long-term lease in place with Susquehanna Bank. This transaction continues to place Markeim at the forefront of investment sales in South Jersey. Bank branches with long-term leases provide a high credit safe haven for investors with patient money and steady goals. Susquehanna Bank is currently under an agreement to be purchased by BB&T Bank pending federal regulatory approval.
Markeim Chalmers, Inc. is a full-service commercial real estate firm located in Cherry Hill, NJ and led by Fred S. Berlinsky, Esq., president. Founded in 1922, Markeim has evolved into one of the largest commercial real estate firms in the Philadelphia Metropolitan Area, servicing office, retail and industrial markets throughout the region. Markeim is also involved in the sale and development of commercial land, acquisitions, property management, appraisals and investments. With its focus on the Philadelphia Metropolitan Area marketplace, Markeim is also strongly committed to community enhancement and charitable activities.