Velocity Venture Partners Sells Industrial Building in West Berlin

Velocity Venture Sold West Berlin Industrial Property

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 undisclosed buyer.

*Article courtesy of Citybiz

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