Markeim Chalmers Negotiates the Sale Two Adjacent Office Buildings in Cherry Hill, NJ for a Combined $2,380,000

7/25/17

Markeim Chalmers, Inc., a leading commercial real estate, appraisals and property management firm in the Philadelphia Metropolitan Area, announces the following transaction in Cherry Hill, New Jersey.

PROPERTY ADDRESS: 401 & 403 Route 70, Cherry Hill, NJ (Camden County)
SITE DETAILS: 401 Route 70: 32,000 +/- SF and 403 Route 70: 3,700 +/- SF
SALE PRICE: $2,380,000 (total)
BUYER: Local Investor
BUYER REPRESENTATIVE: Kevin Burns, Senior Vice President – Markeim Chalmers
SELLER: Becca, Inc.
SELLER REPRESENTATIVE: Kevin Burns, Senior Vice President – Markeim Chalmers

Senior vice president Kevin Burns of Markeim Chalmers represented both parties in the sale of adjacent office buildings located at 401 & 403 Route 70in Cherry Hill, NJ. The pair of multi-tenant properties have a combined size of 35,700 +/- SF with ample parking and prominent signage. Set along a heavily traveled and highly sought after South Jersey corridor, the new local investor has plans for interior and exterior upgrades for both sites. The sale between Becca Inc. and the investor closed on July 14, 2017 for $2,380,000. For more information contact Kevin Burns at (856) 324-5191 or kburns@markeim.com.

Markeim Chalmers, Inc. is a full-service commercial real estate firm located in Cherry Hill, NJ, led by Fred S. Berlinsky, Esq., President. Founded in 1922, Markeim is one of the oldest and most respected firms in the area, servicing office, retail and industrial markets throughout the region. Markeim is also involved in the sale and development of commercial land, acquisitions, property management, appraisals and investments. With its focus on the Philadelphia Metropolitan Area marketplace, Markeim is proud of the experience, knowledge and connections we bring to each and every transaction along with our strong commitment to community enhancement and charitable activities.

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