22 — November 2025 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N ew J ersey
AMDEN COUNTY, NJ — Horvath & Tremblay continues Lombardi & Nadler lead sales totaling $9.99 Million Horvath & Tremblay closes trio of deals in Camden County C
Reach 100% occupancy with two new leases Vantage Commercial sells 100 Franklin Sq. in Somerset
to strengthen its presence across South- ern New Jer- sey with a se- ries of retail investment sales led by M i c h a e l Lombardi and Matt Nadler . Centrum Shoppes in Cherry Hill is located at 219-225 Had- donfield-Ber- lin Rd. Hor- vath & Trem-
Michael Lombardi
Centrum Shoppes in Cherry Hill
100 Franklin Square
the same family for distinct uses, adding complementary, commu- nity-focused fitness offerings to the property’s tenant mix. Senior advisor John Doss , senior advisor, Vantage Com- mercial led the leasing initia- tives in collaboration with n Richardson. Vantage Commer- cial represents the landlord at High Ridge Plaza and across several additional properties in the owner’s portfolio. With these signings, High Ridge Plaza strengthens its role as a convenient, ser- vice-oriented destination for the surrounding community, while the landlord continues to leverage Vantage Commer- cial’s market reach and execu- tion to optimize performance across the broader portfolio. Vantage Commercial an- nounced the execution of two new leases at High Ridge Crossing, 1201 Berlin Haddon- field Rd., Cherry Hill bring - ing the center to fully leased status. The transactions—se- cured for a karate studio and a boxing gym—were signed by members of the same fam- ily for distinct uses, adding complementary, community- focused fitness offerings to the property’s tenant mix. Doss led the leasing initia- tives in collaboration with Richardson. Vantage Commer- cial represents the landlord at High Ridge Crossing and across several additional prop- erties in the owner’s portfolio. With these signings, High Ridge Crossing strengthens its role as a convenient, ser- vice-oriented destination for the surrounding community, while the Landlord continues to leverage Vantage Com- mercial’s market reach and execution to optimize per- formance across the broader portfolio. MAREJ
NEW JERSEY — Vantage Commercial continues to demonstrate strong momen- tum across the state, complet- ing a significant office disposi - tion in Somerset while also securing full occupancy at two retail centers in Cherry Hill. Vantage Commercial an- nounced the sale of 100 Franklin Square, a 106,600 s/f, four-story mid-rise office complex in Somerset. The asset was listed by Vantage on behalf of seller as a real estate-owned property. Fol- lowing a competitive process with multiple qualified offers, Vantage guided ownership to the optimal buyer selection, achieving closing 88 days after the listing was signed. The property was acquired by an owner-user planning to leverage the first-floor avail- ability to expand local surgical centers, enhancing access to outpatient care in the mar- ket. Ken Richardson , vice president & partner at Vantage Commercial, guided the seller through multiple offers from de- velopers, investors, and owner- users, with disciplined focus on funding certainty, deal terms, and probability of closing. “This assignment demanded certainty of execution,” said Richardson. “Through dis- ciplined underwriting, an organized data room, and proactive buyer engagement, our team delivered a competi- tive environment and a clean path to close.” In Cherry Hill, Vantage Commercial announced the execution of two new leases at High Ridge Plaza, 1201 Berlin Haddonfield Rd., bringing the center to fully leased status. The transac- tions—secured for a karate studio and a boxing gym— were signed by members of
Matt Nadler
blay represented the seller and sourced the buyer to complete the transaction at a sale price of $4.97 million. The property consists of a fully occupied, sixteen-tenant retail plaza with 25,270 s/f of space on a large 3.77-acre parcel. All of the tenants have rent increases built into their lease terms either in their base term or during their option periods, providing for a steady increase in revenue and a hedge against inflation. The property has been well maintained with the previous owner investing more than $500,000 in capital improvements over the past several years including a new façade, an elegant mansard roof, new parking lot lighting, new signage, and major tenant improvements. The property is situated less than one mile from I-295 and the NJ Tpke. Centrum Shoppes is on the border of Cherry Hill and Had- donfield, offering convenient access to Haddonfield’s unique downtown area, as well as the extensive commercial options available in Cherry Hill. Bus service is available directly in front of the property on Haddonfield-Berlin Rd., syner - gizing with the areas densely populated neighborhoods to provide a strong consumer base. Cherry Hill is eight miles southeast of Philadelphia and is the commercial center of Southern NJ. Horvath & Tremblay repre- sented the seller and sourced the buyer to complete the sale of Plaza 500 in Haddon Heights for a sale price of $2.57 million. Plaza 500 is located at 503- 525 Black Horse Pike and consists of a fully occupied,
Plaza 500 in Haddon Heights
Plaza Shoppes in Voorhees
nine-tenant retail plaza with 9,200 s/f of space on a 0.72-acre corner parcel. Many of the ten- ants have attractive annual rental increases built into their leases throughout the remain- der of their terms, providing for a steady increase in revenue and a hedge against inflation. The property has been well maintained as the previous owner completed numerous capital expenditures including a brand-new roof with war- ranty, a newly paved a striped parking lot, and upgrades to the stores with extensive ten- ant buildouts and renovations. The property features excellent accessibility with six points of access and great frontage along Black Horse Pike, one of the area’s primary commercial corridors, featuring an exten- sive array of national tenants and major shopping centers that drive traffic and consum - ers to the area. The location is convenient to major highways, including I-295 and 76, offering transportation throughout NJ and the Philadelphia metro. Horvath & Tremblay have completed the sale of Plaza
Shoppes in Voorhees, Lombardi and Nadler represented the seller and sourced the buyer to complete the transaction at a sale price of $2.46 million. Plaza Shoppes is located at 100-118 White Horse Rd. East in Voorhees. The property con- sists of a fully occupied, eight- tenant retail plaza with 10,800 s/f of space on a 1.39-acre par- cel. Many of the tenants have annual rental increases built into their leases, throughout both the base terms and any option periods. The property has been well maintained as the previous owner invested more than $750,000 in capital improvements over the past several years including: a new façade, partial new flat roof, new mansard roof, new rear parking lot, new sidewalks, new exterior LED parking lot lights, new signage, a new dumpster enclosure and fenc- ing, a new HVAC system, and electrical upgrades (re-wiring, electrical panels, and meter bank). The property is located along White Horse Rd. in the Echelon neighborhood of Voorhees Twp. MAREJ
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