B — May 10 - 23, 2013 — New Jersey — Mid Atlantic Real Estate Journal


N ew J ersey

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CBRE represents buyer, China Construction Cushman & Wakefield inks $71 million office sale


orris Twp., NJ — Cushman & Wake- field, Inc. has com-

1-800-SEBCO-88 (1-800-732-2688)

pleted the $71 million sale of a 320,274 s/f, class A office build- ing at 445 South St. The sale price factors out to more than $221 per square foot. The seller was represented in the transaction by Andrew Merin, Gary Gabriel, David Bernhaut andBrianWhitmer of Cushman & Wakefield’s Met- ropolitan Area Capital Markets Group (CMG). Buyer China Construction was represented by Geoff Schubert and Dorothy Chuang of CBRE . n CHERRY HILL, NJ – In- dustrial Investments, Inc. has signed a long term lease for a total of 54,750 s/f of industrial space at its newly renovated 11 Perina Blvd. property with Stephen Gould Corp. Rich Suthard of Pruden- tial Fox & Roach Realtors represented Stephen Gould Corp. Michael Bown, Sr , project manager and principal of Industrial Investments, Inc., represented the property’s owner and manager. n

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445 South Street

Fairfield Corporate Park, Fairfield, New Jersey

Industrial Investments leases 54,750 s/f of industrial space to Stephen Gould Corporation At 11 Perina Blvd, Cherry Hill

FOR LEASE 32,000 Square Foot Industrial Building

* Warehouse/Manufacturing * 6,000 Square Feet Office – Can be reduced * 20 Ft Ceiling Height / 4 Tailgate Doors / 60+ Car Parking * Attractive rental rates and terms available.

11 Perina Blvd.


S HELDON GROSS REALTY, INC. REALTORS Ɣ Corporate Real Estate Services 80 Main Street, West Orange, NJ 07052 Tel.#973-325-6200 - Fax.#973-325-9090 E-mail: sgross@sheldongrossrealty.com

Woodbourne Professional, Levittown, PA • Sale Price $1.3 Million • Sizes from 850 -2,400 SF • Lease prices from $500 - $1,400 / Mo.

The Gatherings, Penns Park, PA • Cluster of 6 buildings / mixed use • Sizes from 850 – 2,400 SF • Lease prices from $1,000 - $3,000 / Mo. • Sale information available*

Hyde Park, Doylestown, PA • 2,700 SF • Lease price $3,359 / mo. • Condominium for sale*

* Inquire for price


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