Real Estate Journal — Southern New Jersey — April 12 - 25, 2019 — 9B
M id A tlantic
S outhern N ew J ersey
Sitar Realty Company negotiates lease The Whitesell Organization announces 316,000 s/f at the Haines Industrial Center in Florence F
LORENCE , NJ — Home Depot Supply Group leased 316,000 s/f at the Haines Industrial Cen- ter in Florence. Sitar Realty Company was instrumental in negotiating this lease with the Whitesell Organization who owned and developed this industrial park. The location offered Home Depot Supply Group the flex- ibility of servicing the tri-state area with all of its Business-to- Business needs. The Whitesell Organization offered a facil- ity that could accommodate a state-of-the art racking system with landlord support during construction. This site offers easy access to the NJ Turnpike, PA Turn- pike, Route 295, as well as a good labor force to support the Home Depot Supply Group. Home Depot again called on Sitar Realty Company to assist with a hard to find location for distribution purposes. Rose CRE reps. Dugan Construction in 20k s/f purchase
Haines Industrial Center in Florence
FOUR SPRINGS CAPITAL TRUST
We specialize in acquiring, owning and actively managing a portfolio of single-tenant, income producing net leased industrial, medical, office, and necessity retail properties throughout the United States.
Lake Como, NJ based Real Estate Investment Trust
• Public company management expertise and corporate governance • Income from an institutional-quality portfolio of properties diversified by property type, geography and tenants • A fully-integrated 1031 exchange platform • An investment grade corporate credit rating from leading rating agency Egan-Jones • Institutional backing from leading investors
93 Cooper Rd.
VOORHEES, NJ — Brett Davidoff , vice president at Rose Commercial Real Estate , represented Dugan Construction in the purchase of a 20,000 s/f, one-story medi- cal office building located at 93 Cooper Rd. in Voorhees. Dugan Construction was specifically looking for a 1031 Exchange investment prop- erty and one with clear pa- rameters. Davidoff conducted a comprehensive search and located a site to fit their needs. Currently, the property is home to The Endo Center at Voorhees and NovaCare Re- habilitation - both long term, stable tenants. One additional 2,500 square foot medical of- fice is available for lease. The transaction closed on March 7, 2019 at a selling price of $3,635,000.
If you have any commercial real estate needs, we’d like to talk.
Please contact William Dioguardi, Chairman and CEO at 732-749-7353 or email WDioguardi@fscap.net.
1901 Main Street, Lake Como, NJ 07719
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