Colliers International inks $4.9m sale at business park
Bellmawr, NJ — A 131,000 s/f industrial building located in Korman’s Interstate Business Park has sold to Heller Road Partners, LLC - a related entity of National Delivery Systems, Inc. - for $4,912,500. Marc Isdaner of Colliers International’s Southern New Jersey office represented the seller, Korman Commercial Properties.
National Delivery Systems currently occupies the property and will remain there. National was originally drawn to Korman’s Interstate Business Park because of its excellent highway access to the region. Now, having expanded their service territory to over nine states, location is more important than ever to the success of a full service logistics company. Korman’s central location at the hub of the Northeast Corridor is ideal.
Korman’s Interstate Park is situated at Rte. 42 and I-295 (Exit 3) of the NJ Turnpike in Camden County, Bellmawr. On-site amenities include a 300,000 s/f United States Postal Service Bulk Mail distribution facility. Affordable space is available with flexible floor plans from 15,000 to 91,000 s/f, ideal for light industrial, manufacturing or distribution. Properties are available for sale and/or lease.