Real Estate Journal — New Jersey — August 14 - 27, 2015 — 3B
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RELATIONSHIPS ARE MEASURED IN MORE THAN SQUARE FOOTAGE. WCRE is a full service commercial real estate
William Goodwin of CBRE represents the buyer Colliers Int’l inks $1.775m sale of industrial building
brokerage and advisory firm serving New Jersey and Pennsylvania. But our focus is on helping people succeed. Our highly personal approach to client service has set a new standard. We go well beyond property transactions, serving as a strategic partner invested in your long term growth and success. Our goal is to help you achieve your goals.
M OORESTOWN, NJ — A 40,000 s/f in- dustrial building in oorestown
recently sold to Artcraft Promotional Concepts, a promot i on- a l pr oduc t b r a n d i n g c o m p a n y . The property
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at 1501 Glen Ave. was sold by Clarit Realty Ltd, who was represented by Marc Isdaner of Colliers International . Artcraft Promotional Concepts was represented by William Goodwin of CBRE . Financ- ing was provided by Unity Bank . Artcraft purchased the prop- erty as a second facility in Moorestown in order to expand their business. 1501 Glen Ave. was selected due to its close proximity to their existing location, and building specifi- cations such as the 20’ ceiling height and available loading (three tailgates and one drive- in). The property sits on 3.26 acres and features 2,200 s/f of office and a fenced yard. n Flaster/Greenberg welcomes Hofer as shareholder CHERRY HILL, NJ — Flaster/Greenberg PC an- nounced that attorney Scott ments. Hofer was most recent- ly an attorney at Howland, Hess, Guinan, Torpey, Cassidy & O’Connell, LLP. “We are delighted to wel- come Scott to Flaster/Green- berg,” said Peter Spirgel , managing shareholder at Flaster/Greenberg. “His in- depth knowledge and experi- ence handling complex litiga- tion matters, coupled with his quality of clients, compliment the extensive real estate, com- mercial and corporate legal services that we, as a firm, deliver to our clients.” Hofer concentrates his prac- tice on complex litigation mat- ters, including construction and commercial litigation. n Scott Hofer Hofer has j o i ned the f i r m a s shareholder and member of the con- s t r u c t i o n , l i t i g a t i o n and real es- tate depart-
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Marlton, NJ l King of Prussia, PA
1501 Glen Ave.
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CLOSED: ONE OF NEW JERSEY’S LARGEST MULTI-FAMILY SALES TO DATE
$113.5 Million Two-Property Sale
Short Hills Village Club — Springfield, NJ 286-unit garden apartment/townhome community
Franklin Manor —Morristown, NJ 140-unit garden apartment community
Seller-Owned for 40+ Years
The Tri-State Region’s dominant brokerage firm specializing in the sale of multi-family, retail, and commercial investment properties for private investors, REITS, and other institutional clients.
Gebroe-Hammer Associates 2 West Northfield Road • Livingston, NJ, 07039 Tel: 973.994.4500 • Fax: 973.994.9752 www.gebroehammer.com
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