Markeim Chalmers Negotiates Sale of the 9,500 SF Historic State Bank of Camden Building in the Heart of Camden

8/15/16

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

PROPERTY ADDRESS: 121 Market Street, Camden, NJ (Camden County)
PROPERTY DETAILS: 9,500 +/- SF
PURCHASE PRICE: $450,000.
SELLER: RFB Properties (a subsidiary of Republic Bank)
SELLER REPRESENTATIVE: Kevin Burns, Senior Vice President - Markeim Chalmers
BUYER: CI Architecture
BUYER REPRESENTATIVE: Kevin Burns, Senior Vice President - Markeim Chalmers

Kevin Burns of Markeim Chalmers represented both parties in negotiating the sale/purchase of the historic State Bank of Camden site located at 121 Market Street. The buyer, CI Architecture (www.City-Invincible.com), is a regional architecture, interior design and land planning firm, has plans to fully transform the 9,500 SF building interior and make it a state-of-the-art work workplace and looks to increase its involvement in the City renaissance both professionally and on the charitable side. The sale from owner, RFB Properties (a subsidiary of Republic Bank), closed on August 2, 2016 for $450,000. For more information contact Kevin Burns at (856) 324-5191/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 has evolved into one of the largest commercial real estate firms in the Philadelphia Metropolitan 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 also strongly committed to community enhancement and charitable activities.

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