Former A.C. Moore Distribution Center in South Jersey Trades for Nearly Double 2019 Price

An entity associated with Eaton Vance Management has paid $43.95 million for the former A.C. Moore distribution center in Berlin, New Jersey, according to Camden County property records. 

The 767,000-square-foot building at 130 Makers Ave. traded in late 2019 for $25 million.

The building was developed in 2004 by A.C. Moore for $46.3. million, according to Securities and Exchange Commission documents filed by the company. About 60,000 square feet of the space served as the company‘s headquarters with the remainder 707,000 square feet used as a distribution center, according to SEC documents. 

*Article courtesy of Philadelphia Business Journal

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