Colliers Int’l inks $1.775 million sale of industrial building
Moorestown, NJ — A 40,000 s/f industrial building in Moorestown recently sold to Artcraft Promotional Concepts, a promotional product branding company. The property at 1501 Glen Ave. was sold by Clarit Realty Ltd, who was represented by Marc Isdaner of Colliers International. Artcraft Promotional Concepts was represented by William Goodwin of CBRE. Financing was provided by Unity Bank. Artcraft purchased the property as a second facility in Moorestown in order to expand their business. 1501 Glen Ave. was selected due to its close proximity to their existing location, and building specifications such as the 20’ ceiling height and available loading (three tailgates and one drive-in). The property sits on 3.26 acres and features 2,200 s/f of office and a fenced yard.