The Flynn Company represents GGB in $3m acquisition at Midatlantic Corporate Center
THOROFARE, NJ — The Flynn Company announced the sale of 1414 (pictured) and 1450 Metropolitan Ave., a modern 51,200 s/f building situated on 11.42 acres within the MidAtlantic Corporate Center, Thorofare, New Jersey. The seller was The Calabrese Group, LLC and the sale price was $3 million.
The Flynn Company represented the buyer, GGB Bearing Technology, the global leader in high performance bearing solutions. GGB will be vacating another building in the park, more than doubling the size of this operation. GGB, a division of EnPro Industries, Inc., has over 1,100 employees globally and a dedicated team of experts with the experience and expertise to provide innovative, reliable and effective solutions.
David Ricci and Tony Rod of The Flynn Company, based in Philadelphia, were the sole brokers in the transaction. The Flynn Company engages in all phases of commercial development, brokerage and management and is serviced by several wholly owned subsidiaries specializing in finance, investment sales, asset management, consulting and construction.