Pennsauken Warehouses Sold for $23 Million

Pennsauken Warehouses Sold for $23 Million

A pair of Pennsauken warehouses sold for $22.95 million as part of an acquisition by upstate New York food manufacturer Baldwin Richardson Foods. In April, Baldwin Richardson announced the purchase of Pennsauken Packing Co., including its warehouses at 1550 and 1600 John Tipton Blvd. Camden County property records revealed the price. Pennsauken Packing, a subsidiary of LiDestri Food and Beverage, housed the 240,000-square-foot buildings, which include space for manufacturing, warehousing, and offices.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.