M id A tlantic Real Estate Journal — Southern NJ — October 22 - November 18, 2021 — 9B S outhern NJ
Gries, Richardson and Giletto complete transactions Vantage Commercial facilitates two office/lab buildings sales in Cherry Hill, NJ
tures in the Tri-state area. Perry Frank, CFO at Hudak, has been the lead party on the buyer’s side. “It was a plea- sure working with Ken and Corinne. Vantage went out of their way to help us acquire this property. Ken helped us work with the seller to lease some space back to Sun Bio- tech. Bill Chiu was leading the sale for Sun Biotech “Vantage was able to secure a buyer for our building very efficiently during the pandemic. This was a win/win for both us and the buyer,” Chiu said. MAREJ
HERRY HILL, NJ — Vantage Commer- cial completes the fol- lowing transactions in Cherry Hill: Vantage Commercial an- nounced the sale of a free- standing office building in Cherry Hill. The 4,200 s/f office building, located at 41 Kings Highway North is centrally located along a busy stretch of one of Cherry Hill’s main thoroughfares, just minutes from I-295 and Rtes. 70 and 38. Mike Gries , sales associ- ate at Vantage Commercial, worked with both the buyer and the seller to negotiate a favorable deal for both parties. This is the second property Gries helped sell on behalf of the same owner. With this sale, the prop- erty becomes the new home of Quality First Solutions, a provider of tailored consulta- tion services to the healthcare industry. Jennifer Bailey, of Qual- ity First Solutions, said “As a Cherry Hill native, it was im- portant for me to find a larger office space in town in which to move my growing company, Quality First Solutions. Upon finding Vantage Commercial, I knew they’d be able to help me find the perfect office space. The entire Vantage team was great to work with. As we look forward to moving into our new location, Vantage is currently helping us locate the perfect owner for our former office at 2420 Church Rd. in Cherry Hill.” The seller, an estate, was accompanied by Bluestone Commercial Capital during the transaction. Matt Zonies , of Bluestone, appreciated the efforts and results Vantage delivered. “Vantage helped our lending company complete the second of two difficult dispositions. We were able to sell the prop- erty after 16 months of efforts and they remained focused and professional during the entire process. Thank you to Mike Gries and the entire Vantage team for a job well done.” Vantage Commercial an- nounced the sale of an office building and lab in Cherry Hill. The +/- 4,320 s/f facil- ity, located at 5 Allison Dr. in Cherry Hill, will be utilized as a light manufacturing building with both offices and a lab. The building is easily accessible to I-295 and Rte. 70.
41 Kings Highway North
5 Allison Dr.
Ken Richardson , execu- tive director, and Corinne Giletto , sr. advisor at Vantage Commercial, worked with both
the seller, Sun Biotech, and the buyer, Hudak Infrastruc- ture Repair Systems, LLC to negotiate a favorable deal for
both parties. Hudak Infrastructure pro- vides waterproofing and build- ing repair services for struc-
Owner Managed Industrial Space. Lease With Confidence.
NEW CONSTRUCTION AVAILABLE FEBRUARY 1, 2022
290 DANIELS WAY FLORENCE, NJ 08518 INDUSTRIAL SPACE FOR LEASE
• 131,702 sf lease opportunity designed for warehousing or production operations that can be delivered as a single or multi-tenant building (70,000 sf min divisibility). • Located in the award-winning Haines Center. • Construction is underway (September 2021 progress photos on right). Lease Commencement will be February 1, 2022. • Concrete tilt-up construction features include 32’ clear ht ceilings, ESFR sprinkler, LED lighting inside & out, 40 dock doors (20 w/ levelers), and 2 drive-ins. • The site will offer 143 automobile stalls (expandable to 166 stalls) and 47 trailer stalls (expandable to 65 stalls). • Direct immediate access to NJ Turnpike Exit 6A, the PA Turnpike connector, and I-95. • Public transportation servicing the Haines Center campus includes NJ Transit bus line stops and an onsite NJ Transit RiverLine Florence commuter rail station.
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