16B — May 31 - June 13, 2013 — Industrial / Distribution Centers — Mid Atlantic Real Estate Journal www.marejournal.com I ndustrial R eal E state & D istribution C enters For the future development of multi-tenant industrial space Liberty Property Trust purchases 18 acres of land at 7149 Ridge Road in Hanover, Maryland H will be the site of Liberty’s fifth building in the area.” offer approximately 243,500 square feet of new space to the market by the end of the 2013. launched its Highpoint 100 project, two industrial build- ings at 7351 & 7361 Coca Cola Drive. Those buildings are 100% leased. n anover, MD — Liberty Property Trust announced

and improve access to one of Baltimore’s biggest economic engines, Baltimore-Washing- ton International Thurgood Marshall Airport. Bill Holland of Tri-Star Brokerage, LLC was the Broker in the transaction. The newly acquired land is located less than a mile from where Liberty is developing two new class A industrial buildings. Those buildings, located at 7460 and 7462 New Ridge Road in Liberty’s Hanover Crossing industrial park, are being constructed in tandem. Together they will

The planned building will feature concrete tilt up walls, 210’ depth with 130’ truck courts and 1.5 per 1,000 park- ing spaces. Liberty anticipates that the property will have exposure to the new Hanover extension road as part of the new Hanover Road and Interstate 295 Interchange that is proposed by the State HighwayAdministration. The new interchange, if approved, will open up opportunities for development and employ- ment by easing congestion

that it has purchased 18 acres of land at 7149 Ridge Road in Hanoverfor the future develop- ment of multi-tenant indus- trial space. “This land acquisition rep- resents a key milestone as we develop our pipeline and execute our strategy to grow Liberty’s industrial portfolio in this market,” said Lisa Sullivan , vice president and city manager for Liberty in the region. “The property at 7149 Ridge Road, when developed,

Liberty began building at Hanover in 2008 when it

Colliers sells industrial/ office facility in SNJ

700 Creek Road

Delanco, Burling- ton County, NJ — Col- liers International recent- ly concluded the sale of 700 Creek Road in Delanco. The unique, free standing special purpose building totaling 71,875 s/f was previously used by Jevic Trucking for their executive offices, dis- patch operations and ware- house storage. The property was pur- chased by Costume Gallery for $1,550,000. The facility features two levels of fin- ished office space totaling nearly 40,000 s/f complete with elevator service, back- up power generator and a full data center. The 30,000 s/f warehouse features high ceilings, and both tailgate and drive-in loading areas. The property is situated on seven acres and offers park- ing for over 200 cars. James Scott, Jr. and Marc Isdaner of Colliers International represented the seller, Hudson Advisors in this transaction. “Thiswas a perfect example of locating an end-user who could take advantage of the unique building features and abundance of office improve- ments; Costume Gallery will utilize the lower level office areas for their manufactur- ing operations which do not require high ceilings,” said Jim Scott of Colliers Interna- tional. “This outside the box approach to our marketing allowed Colliers to reach a wider audience and achieve the best possible outcome for our client.” n


IMMEDIATE OCCUPANCY: 801 ATLANTIC AVE., EGG HARBOR CITY, NJ 32,000SF Office & Warehouse Space with 2 Loading Docks – Can Load up to 6 Tractor Trailers, and Garage to Store One Tractor Trailer. Office Space Layout Includes: 7 Modern Offices, Kitchen, Separate Men’s & Ladies’ Restrooms, and Common Area. Unit has Private Entrance, Gas Heat, Public Water & Sewer, and On-Site Parking with Additional Fenced-in Trailer Parking Area. Centrally located in Egg Harbor City - Situated Adjacent to Bus Station & Conrail Line between Atlantic City and Philadelphia. Half Block from Route 30, 2 Blocks to Route 50 and 2 Miles to Atlantic City Expressway. NETWORK COMMERCIAL REALTY LLC 950 TILTON ROAD, SUITE 105 NORTHFIELD, NJ 08225 (609) 641-8118 WWW.NETWORKCOMMERCIALREALTY.COM


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