Industrial Buildings in South Jersey Sold for $12.6M, Renovations Ahead

Two South Jersey industrial warehouses sold

Two industrial buildings in Bellmawr, NJ, totaling nearly 100,000 square feet, sold for $12.6 million. Camber Real Estate Partners of Montclair acquired the side-by-side Kor Center properties at 420 and 440 Benigno Blvd. from Hoboken-based Faropoint, with additional millions planned for capital upgrades. The buildings measure 46,000 and 52,000 square feet, respectively.

*Article courtesy of Philadelphia Business Journal

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