Colliers International Facilitates Sale of Cinnaminson Industrial Building

7/13/16

45,100-square-foot Building Sold for $2,150,000

The 45,100-square-foot industrial building located at 2303 Garry Road in Cinnaminson recently changed hands for $2.15M. Formerly owned by Lynn Bradeen, the property was purchased by Simon Holdings Inc.

The multi-tenant warehouse facility features 20-22’ ceiling heights, fourteen tailgate doors and five drive-in ramps. The building is divided as a multi-tenant property and is occupied by All American Fasteners and Dade Paper. The Buyer intends to make some improvements to the property and lease the remaining available units.

Marc Isdaner, Senior Managing Director and Principal of the Colliers Southern New Jersey office, represented the Seller; the Buyer was represented by Scott Mertz of NAI Mertz.

For more information about this sale or about Southern New Jersey industrial availabilities, contact Marc Isdaner at 856 414 4900.

About Colliers International

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm. Regionally, Colliers International has served clients in the Philadelphia area since 1920 and comprises six offices in the region.. For the latest news from Colliers International in Southern New Jersey, visit colliers.com/mountlaurel, or follow us on Twitter: @ColliersSNJ

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