South Jersey Industrial Space for Sale in Hammonton Can Convert to Flex Space

Wolf Commercial Real Estate, a premier South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering South Jersey industrial space for sale at 131 South 2nd Road Hammonton NJ that can be converted to either light industrial or flex/warehouse space.

This South Jersey industrial building for sale contains 13,000 sf of industrial space in South Jersey and the asking sale price of this industrial space in South Jersey is $750,000. This South Jersey industrial space for sale at 131 South 2nd Road Hammonton NJ is zoned B-2 or Highway Business/Commercial.

This South Jersey industrial space for sale in Hammonton NJ sits on +/- three acres and this industrial space in South Jersey has a large parking lot at 131 South 2nd Road. This South Jersey industrial space for sale is being offered by Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

Currently serving as an indoor roller-skating rink, this South Jersey industrial building for sale at 131 South 2nd Road Hammonton NJ has a large oval wooden skating surface. There also are private party rooms and a concession area at this South Jersey industrial space for sale. The ceiling height at this South Jersey industrial space for sale is about 16 feet and it is less than an eighth of a mile to the Atlantic City Expressway.

Nearly 23,000 people reside within a five-mile radius of this South Jersey industrial space for sale. The average household income within five miles of this industrial space in South Jersey is $76,585. This South Jersey industrial building for sale at 131 South 2nd Road is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

For more information about this South Jersey industrial space for sale in Hammonton NJ or about any other South Jersey commercial properties for sale, please contact Bethany Brown (856-857-6396; bethany.brown@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

South Jersey Industrial Building Housing Amoroso’s Sells for $23M

Maguire Hayden has expanded its industrial holdings and paid $23.1 million for a South Jersey building that houses operations for Amoroso’s Baking Co., according to property records.

The 382,000-square-foot building at 151 Benigno Blvd. in Bellmawr was sold by 151 Partners LLC and Quattro Foods Group LLC, which are both affiliates of the Amoroso family and the baking company, according to Camden County property records. Amoroso’s will continue to lease the building on a long-term basis, according to sources familiar with the deal.  A representative from Maguire Hayden declined to comment on the transaction. 

The Amoroso-related entities bought the South Jersey property in 2013 for $4.94 million from Harcourt Inc., which had used it as a distribution center for its publishing business. Amoroso’s shifted its Philadelphia operations and 200 jobs at 845 S. 55th St. to the Bellmawr property in 2015 after receiving $20 million in Grow NJ tax credits. 

Conshohocken-based Maguire Hayden began to shift its focus from office properties to industrial real estate in 2012. It has been buying industrial properties throughout the Mid-Atlantic and looks for properties on the scale of the Amoroso’s building or smaller.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

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

South Jersey Industrial Space in Penns Grove for Sale

Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm specializing in South Jersey commercial real estate listings and services, now has South Jersey industrial space for sale at 18 North Virginia Avenue Penns Grove NJ.

This South Jersey industrial space for sale is a fully refrigerated building that was built in 1970. This South Jersey industrial building for sale contains +/- 25,000 sf of industrial space in South Jersey along with +/- 1,200 sf of office area.

The asking sale price for this industrial space in South Jersey is $800,000. This South Jersey industrial space for sale at 18 North Virginia Avenue Penns Grove NJ is being offered through Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

This South Jersey industrial building for sale at 18 North Virginia Avenue Penns Grove NJ sits on +/-.95 acres and this South Jersey industrial space for sale is close to both the Delaware Memorial and the Commodore Barry bridges. There also is public water and sewer service available at this industrial space in South Jersey.

With a ceiling height of 10-feet to 20-feet, this South Jersey industrial space for sale has three tailgate loading docks with seals. This South Jersey industrial building for sale at 18 North Virginia Avenue Penns Grove NJ is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

More than 23,000 people reside within a five-mile radius of this industrial space in South Jersey at 18 North Virginia Avenue Penns Grove NJ.  The average household income in the same area near this South Jersey industrial space for sale is $65,004.

This South Jersey industrial space for sale, zoned Highway Commercial, has three-phase power and a fire protection system that includes alarms, sprinklers, and smoke detectors. There also are several roof-mounted cooling units at this South Jersey industrial space for sale.

For more information about this South Jersey industrial space for sale in Penns Grove NJ or about any other South Jersey commercial properties for sale, please contact Phil Costa (215-799-6195; phil.costa@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

South Jersey Shopping Center Outside Philadelphia Trades Hands

A retail center anchored by a ShopRite grocery store in the suburbs of Philadelphia has traded hands.

Mill Pond Village, a 94,550-square-foot shopping center at 380 Egg Harbor Road in Sewell, New Jersey, was sold. The sale price wasn’t disclosed.

ShopRite, a dominant grocer in South Jersey, has been an anchor at the Gloucester County shopping center for nearly 13 years. The tenant roster at the 98% leased property also includes Inspira Health, Orangetheory Fitness, Hair Cuttery and AAA. 

Mill Pond Village spans two buildings and is about 14 miles from Philadelphia’s Center City District. The property’s neighbors include Rowan University and Jefferson Health, and the retail site serves a trade area that includes 161,499 residents within a 5-mile radius, according to the broker on the transaction.

“With ShopRite performing extremely well at this location and attributing to such a large portion of the income, Mill Pond Village is a stable investment,” the broker said in a statement. “We saw a great amount of competition for this asset and we are pleased to have the opportunity to work with both buyer and seller as they worked diligently to complete the transaction.”

*Article courtesy of CoStar

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

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

South Jersey Industrial Space for Sale in Penns Grove

18 Virginia Ave Penns Grove NJ

Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker that specializes South Jersey commercial real estate listings and services, is now offering South Jersey industrial space for sale at 18 North Virginia Avenue Penns Grove NJ.

This South Jersey industrial building for sale is a 25,000 sf fully refrigerated facility with +/- 1,200 sf of office area. This South Jersey industrial space for sale is zoned highway commercial, has both public water and sewer, and was built in 1970.

The asking sale price for this industrial space in South Jersey at 18 North Virginia Avenue Penns Grove NJ is $800,000. This South Jersey industrial building for sale is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm with expertise in South Jersey commercial real estate listings and services.

This South Jersey industrial space for sale is located on +/- .95 acres and is close to both the Delaware Memorial and Commodore Barry bridges. This South Jersey industrial building for sale has a ceiling height of between 10 feet and 20 feet.

This industrial space in South Jersey is being offered for immediate sale through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes South Jersey commercial real estate listings and services.

There are three tailgate loading docks with seals at this industrial space in South Jersey and there also is three-phase power at this South Jersey industrial building for sale along with several roof-mounted cooling units.

More than 59,000 people reside within a five-mile radius of this industrial space in South Jersey at 18 North Virginia Avenue Penns Grove NJ. The average household income in the same area near this South Jersey industrial building for sale is $65,004.

For more information about this South Jersey industrial space for sale at 18 North Virginia Avenue Penns Grove NJ., about other South Jersey industrial space for sale or lease, or about any other South Jersey commercial properties for sale or lease, please contact Phil Costa (215-799-6195; phil.costa@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease through our South Jersey commercial real estate brokerage firm.

Developers Pay $110.5M for 117-acre South Jersey Site, Plan Two New Warehouses

A 117-acre industrial site in South Jersey has sold for $110.5 million, paving the way for the construction of two speculative Class A distribution buildings. 

A joint venture between Clarion Partners and Baltimore-based MRP Industrial bought the expansive property at 1900 River Road in Burlington Township from Boston-based Stag Industrial, which paid $61.5 million for the site in 2015. 

A vacant 1-million-square-foot warehouse building formerly occupied by the U.S. General Services Administration currently sits on the property and will be decommissioned and demolished. 

New York-based Clarion and MRP Industrial, which also operates an office in West Chester, plan to construct two new buildings on the site based on increasing demand in the area for distribution assets. The projected size of the two buildings has not been determined. 

The property is located close to Route 130, the New Jersey Turnpike, two bridges into Pennsylvania and Interstate 295, making it a hot area for e-commerce companies seeking access to major transit arteries. 

In late 2019, Amazon opened a new 1-million-square-foot warehouse about two miles south of the 1900 River Road site. Amazon’s building sits on the border of Burlington Township and Burlington City, and adds to the e-commerce giant’s presence in the area. It also operates a more than 600,000-square-foot facility about four miles north on Cedar Lane in Florence. 

MRP is also developing a two-building, 950,000-square-foot Class A industrial park on 102 acres on Florence-Columbus Road in Mansfield, Burlington County, roughly seven miles from the 1900 River Road site. 

In 2016, MRP and New York-based Clarion developed the four-building, 1.6-million-square-foot Burlington Industrial Park located just off Route 130 in Burlington Township. Current tenants include retailer H&M, American Hotel Register and HD Supply.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

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

Stag Sells Distribution Warehouse in New Jersey’s Priciest Industrial Trade of Year

Stag Industrial, a real estate investment trust, said it sold a vacant distribution warehouse in Burlington, New Jersey, in the state’s biggest industrial sale by total price this year.

The company, based in Boston, said it sold 1900 River Road, a roughly 1 million-square-foot facility that was built in 1992, for $172 million to an undisclosed buyer.

The sale price amounts to about $164 per square foot, significantly above the market sale price for an industrial property in Burlington of $99 per square foot, according to CoStar. 

The sale is the top total sum paid for a single industrial property in New Jersey in 2020, according to CoStar. It surpasses the $164 million sale of 50 Veronica Ave., a 926,392-square-foot industrial facility in Somerset that is 100% leased to LG Electronics.

The River Road property had been fully leased to the General Services Administration until this month, according to public records. The property is now vacant. 

Burlington sits in the broader Philadelphia metropolitan area, where the industrial market is its healthiest commercial real estate sector, according to CoStar research. The city benefits from its proximity to major population hubs including New York City and Washington, D.C., and is an attractive spot for retailers and e-commerce companies to maintain a significant presence.

*Article courtesy of CoStar

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

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

South Jersey industrial portfolio trades for $29M

Faropoint, an Israel-based real estate investment company with U.S. operations in Memphis, has acquired the Runnemede Corporate Center in South Jersey for $29.37 million. 

The properties total 304,077 square feet and include four development sites that can accommodate nearly 125,000 square feet of additional space. 

The existing buildings are located at 150, 155, 160, 165, 170, 175 and 190 Ninth Ave., and the development sites are located at 180,195 and 200 Ninth Ave. and 721 E. Clements Bridge Road. 

The existing buildings are used as last-mile distribution facilities, serving the Philadelphia area and South Jersey. They are located off Exit 3 of the New Jersey Turnpike and not far from the Benjamin Franklin and Walt Whitman bridges. 

The buildings were 98.6% occupied at the time of sale to a mix of tenants including Stryker Orthopaedics, Cintas Corp., Scotts Lawn Service, GardaWorld and United Rentals Realty.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

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

South Jersey Industrial Space for Sale on 2nd Road in Hammonton

Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now has available a highly visible South Jersey industrial building for sale at 131 South 2nd Road Hammonton NJ.

This South Jersey industrial space for sale is in a +/- 13,000 square-foot building. This South Jersey industrial building for sale currently is in use as a roller-skating rink. There is a large oval wooden skating surface at this industrial space in South Jersey at 131 South 2nd Road Hammonton NJ. There also are a concession area and private party rooms as well as a 16-foot ceiling height at this South Jersey industrial space for sale.

The asking sale price for this industrial space in South Jersey is $750,000 and this South Jersey industrial space for sale is situated on +/- 3 acres of land. This industrial space in South Jersey is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

This South Jersey industrial building for sale is zoned B-2, or Highway Business/Commercial. It is less than 1/8th of a mile to the Atlantic City Expressway from this industrial space in South Jersey at 131 South 2nd Road Hammonton NJ and it is 30 miles to Atlantic City and 35 miles to Philadelphia from this South Jersey industrial building for sale,

More than 22,000 people reside within a five-mile radius of this industrial space in South Jersey at 131 South 2nd Road Hammonton NJ.  The average household income in the same area near this South Jersey industrial space for sale is $76,585.

For more information about this South Jersey industrial building for sale at 131 South 2nd Road Hammonton NJ or about any other South Jersey commercial properties for sale or lease, please contact Bethany Brown (856-857-6396; bethany.brown@wolfcre.com) or Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

Flex South Jersey Industrial Space for Sale or Lease in Moorestown

Wolf Commercial Real Estate, a premier South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering highly visible South Jersey industrial space for sale or lease at 1249 Glen Avenue Moorestown NJ.

This South Jersey industrial building for sale or lease has +/- 20,120 sf of South Jersey industrial space for sale or lease. The asking lease price for this South Jersey industrial building is $10.00 sf NNN and interested parties are asked to call for information about the sale price of this industrial space in South Jersey.

This South Jersey industrial space for sale or lease at 1249 Glen Avenue Moorestown NJ is being offered for immediate occupancy by Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

There is a 5.22/1,000 sf parking ratio at this South Jersey industrial building for sale or lease and there is also is 12-foot ceiling height throughout this industrial space in South Jersey. This South Jersey industrial building for sale or lease at 1249 Glen Avenue Moorestown NJ is on a +/- 2.91-acre site and there also is room for a 14,400-sf building in the rear of this South Jersey industrial building for sale or lease.

Route 73, I-295, and the New Jersey Turnpike are nearby this South Jersey industrial building for sale or lease through Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

More than 72,000 people reside within a five-mile radius of this industrial space in South Jersey at 1249 Glen Avenue Moorestown NJ.  The average household income in the same area near this South Jersey industrial space for sale or lease is $71,767.

For more information about this South Jersey industrial building for sale or lease at 1249 Glen Avenue Moorestown NJ or about any other South Jersey commercial properties for sale or lease, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com), Sean Kelly (856-630 5806; sean.kelly@wolfcre.com), or Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.