CHERRY HILL, NJ – Strategic Funding Alternatives, LLC (SFA), a privately held commercial real estate investment firm, announced its acquisition of Woodland Falls Corporate Center on Lake Drive East and Rte. 38 in Cherry Hill. Located on a 17 acres, the three building complex at 200/210/220 Lake Dr. East combine for a total of 218,159 s/f of class A office space. The Corporate Park currently boasts an occupancy rate of 97% and is home to tenants that include PNC Bank, Corcentric LLC, Ballard Spahr LLP, 1st Colonial Community Bank and M&T Bank.
SFA managing principal, Jeffery Schneider said, “With its convenient location and parklike setting, Woodland Falls has been a long sought after corporate park and we look forward to further strengthening its appeal.” SFA already has plans for common area and landscaping improvements to class A office complex. Of the firm’s largest acquisition to date, Schneider goes on to add, “we are excited to add such a premier site to our property portfolio.”