12B — April 13 - 26, 2018— Southern New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
S outhern N ew J ersey
Richman and Isdaner of Colliers International completes the sale Colliers concludes sale of three industrial buildings in South Jersey
ennsauken, NJ — Within the last month, Ian Rich- man and Marc Isdaner of Colliers Internation- al in Southern New Jer- sey, completed the sale of three industrial buildings in Pennsauken. P
Ian Richman Marc Isdaner
6995 Airport Highway Lane
9240 Commerce Highway
9265 Commerce Highway
• 9240 Commerce High- way, Pennsauken, NJ: SOLD: $3,250,000 67,600 s/f multi-tenant warehouse – Purchaser: Private Investor. The fully leased building is occupied by three tenants. The building featured 17’-20’ ceilings, 12 loading docks and 3 drive-in doors. • 6995 Airport Highway Lane, Pennsauken, NJ: SOLD: $2,736,000 60,800 s/f manufacturing facility – Purchaser: Heat Makers Sense is located in Brooklyn, NJ distributes hair care products. The building featured 5,000 sf office space, a 1,600-amp electric service, 4 loading docks and 2 drive- in doors. • 9265 Commerce High- way, Pennsauken, NJ: SOLD: $1,688,888 33,500 s/f single tenant warehouse – Purchaser: Dra- co Broadcast. Draco Broad- cast, based in Silicon Valley, CA, is expanding and wanted an East Coast Operation. They provide professional- grade equipment for the video and broadcast industry. The building features 5 load- ing docks, 3 drive-in doors and 18’-20’ ceilings. n Metro Commercial promotes Scotti Mount Laurel, NJ — Metro Commercial an- nounced the promotion of Christine Scotti to presi- dent of management services. As president of management services, Scotti is respon- sible for the development and direction of the overall operational, financial, and strategic business growth strategies for Metro’s Prop- erty Management division. n
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