Press Release brought to you by Colliers International

Colliers International Facilitates Sale of Interstate Business Park Buildings

09/16/2013

 

NEWS RELEASE

FOR IMMEDIATE RELEASE

Contact Marilyn Storck 215.928.7523

marilyn.storck@colliers.com

Colliers International Facilitates Sale of Interstate Business Park Buildings

131 & 151 Heller Place Sold to Canadian Investment Firm

Bellmawr, New Jersey –September 16, 2013 Colliers International’s Southern New Jersey office recently completed the sale of two properties located within the Interstate Business Park in Bellmawr, New Jersey. The two fully-leased industrial buildings sold for $3,870,000 and are leased long-term to W.B. Mason and Trek Industries.

The buyer was The Rosdev Group, a prominent Canadian-based real estate organization with over 50 years of experience in acquisitions, development, construction, leasing and management. They have a significant and diversified portfolio that includes Hotel, Industrial, Office, Retail and Assisted Living/Nursing Home properties, and ranks among the top private real estate owners and developers in Montreal and the National Capital Region (Ottawa/Gatineau) with substantial interests throughout Canada and the United States.

Marc Isdaner, Senior Vice President and Principal at Colliers International was the sole broker in the transaction, and added that Interstate Business Park is surrounded by four major highways and less than 10 minutes to Philadelphia, the airport or the ports and is an ideal location for tenants who serve the Delaware Valley. Isdaner is marketing several other properties for sale in the area and has found interest to be very strong for well- located and leased buildings. Contact Isdaner for more information at 856 414 4900 or marc.isdaner@colliers.com.

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About Colliers International

Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. For the latest international news from Colliers International, visit colliers.com/us/news, or follow us on Twitter: @ColliersIntl

Locally, Colliers International has served clients in Philadelphia since 1920 and comprises six offices in the region (Philadelphia, PA; West Conshohocken, PA; Harrisburg, PA; Allentown, PA; Mount Laurel, NJ; and Wilmington, DE). 

09/16/2013 - 09:13

Source

Colliers International

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