Colliers concludes sale of three industrial buildings in South Jersey
Pennsauken, NJ — Within the last month, Ian Richman and Marc Isdaner of Colliers International in Southern New Jersey, completed the sale of three industrial buildings in Pennsauken.
• 9240 Commerce Highway, Pennsauken, NJ: SOLD: $3,250,00067,600 s/f multi-tenant warehouse – Purchaser: Private Investor. The fully leased building is occupied by three tenants. The building featured 17’-20’ ceilings, 12 loading docks and 3 drive-in doors.
• 6995 Airport Highway Lane, Pennsauken, NJ: SOLD: $2,736,00060,800 s/f manufacturing facility – Purchaser: Heat Makers Sense is located in Brooklyn, NJ distributes hair care products. The building featured 5,000 sf office space, a 1,600-amp electric service, 4 loading docks and 2 drive-in doors.
• 9265 Commerce Highway, Pennsauken, NJ: SOLD: $1,688,88833,500 s/f single tenant warehouse – Purchaser: Draco Broadcast. Draco Broadcast, based in Silicon Valley, CA, is expanding and wanted an East Coast Operation. They provide professional-grade equipment for the video and broadcast industry. The building features 5 loading docks, 3 drive-in doors and 18’-20’ ceilings.