Cushman & Wakefield orchestrates sale of Lawnside Commons shopping center $31.55M
Lawnside, NJ — Cushman & Wakefield’s Capital Markets team has arranged the sale of Lawnside Commons, a 151,000 s/f retail property in Lawnside. Located at 310 White Horse Pike, Lawnside Commons traded from an undisclosed institutional seller to a joint venture partnership between MCB and United Hampshire US REIT. The commercial real estate services firm represented the seller and procured the buyer in the $31.55 million trade orchestrated by East Rutherford-based investment sales specialists Andrew Merin, David Bernhaut, Gary Gabriel, Brian Whitmer, Kyle Schmidt and Max Helfman, along with Karen Iman and Keith Braccia of the firm’s Philadelphia office. Anchored by Home Depot, the center’s co-tenancy includes nationally-recognized names such as PetSmart, Wendy’s, T-Mobile and Mattress Firm. The property offers excellent visibility at the crossroads of a primary commuting corridor in proximity to I-295 and the NJ Tpke. Lawnside Commons boasts ample parking, excellent highway visibility and four separate points of ingress/egress, including a signalized intersection off Rte. 30.