After remaining vacant for more than two decades, the former Bradlees retail store building on the White Horse Pike in Stratford is set for review by the Stratford Joint Land Use Board on January 25th. The purpose of this review is to secure final approval for its transformation into light industrial warehouse space. This conversion… Read more »
Sensing an opportunity with former retail assets, Velocity Venture Partners added to its portfolio by buying a 120,000-square-foot vacant space within a South Jersey shopping center and plans to convert it to industrial use. Velocity paid $5.3 million for the rectangular box at 222 S. White Horse Pike in Stratford. Blue Bell-based Brandywine Financial Group… Read more »
Velocity Venture Partners purchased 436 Commerce Lane in West Berlin, New Jersey back in August 2020 for $2,700,000. Just weeks after closing, Velocity leased the sole vacancy to Walmart. The building features five drive-in loading doors, six loading docks, 18′ ceilings, and is well-located just off Route 73. Velocity sold the building for $4,200,000 to an… Read more »
Velocity Venture Partners has paid $14.25 million for Stow Road Corporate Park in Marlton, growing its South Jersey presence to nearly 2 million square feet. The property comprises five, single-story flex buildings totaling 160,000 square feet at 8, 9, 10, 12 and 14 Stow Road. Ellington Management Group was the seller. Jonathan Klear and Fred… Read more »
