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CushWake: Dermody adds 214K-sq.-ft. South Jersey industrial development site

CushWake: Dermody adds 214K-sq.-ft. South Jersey industrial development site
njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.

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Penwood Real Estate acquires Bordentown industrial property for $60M

Cushman & Wakefield represented Penwood Real Estate Investment Management in the acquisition of an industrial property in Bordentown. ....

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Philadelphia real estate: Exeter Property Group buys building for $14.65M; 3 tenants sign leases at One South Broad

Philadelphia real estate: Exeter Property Group buys building for $14.65M; 3 tenants sign leases at One South Broad
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NJ distribution center trades for $23M | Real Estate Weekly

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Cushman & Wakefield has arranged the sale of the Moorestown Distribution Center, a 272,682 s/f industrial asset located at 14 Sbar Boulevard, 10 miles from Center City Philadelphia. The final sale price was $23,250,000.
A Cushman & Wakefield team of Gary Gabriel, Kyle Schmidt, David Bernhaut and Seth Zuidema, with assistance from local leasing specialists John Gartland and Jonas Skovdal, represented the seller, the Piperno Family, owner of craft wholesaler Sbar’s. NorthBridge Partners acquired the asset.
“This sale marks a significant milestone after more than 30 years of business in Moorestown,” said Anthony Piperno. “We are excited to see the use of the building continue to support the economic development of the town and the local region.” ....

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