Vantage Commercial Facilitates Sale of Columbia Centre in Somerdale, NJ

12/7/20

Neighborhood Retail Center Is Located on White Horse Pike

Vantage Commercial is pleased to announce the sale of a multi-tenant retail strip center, Columbia Centre, located at 700 S White Horse Pike, Somerdale, New Jersey. Earlier this year Vantage Commercial facilitated the lease of the only remaining vacancy, an end-cap unit, to Kenney Law resulting in a fully occupied shopping center. Kenney Law joined other service retail tenants Fast Track and Golden Nails. Once the site became fully occupied, Vantage Commercial, representing the seller, presented the opportunity to the existing tenants in the building, and one of the tenants opted to purchase the building.

Aran Ploshansky, Director of Operations, and Monica Walsh, Director of Client Services at Vantage Commercial, represented the seller, Michael Sherman, in this transaction.

The approximately 6,500 SF neighborhood retail center was built in 2003 by Wenric Properties, LLC and sold in November 2020 to KJL Properties LLC.

Sherman said of his experience, “I have partnered with Vantage Commercial for multiple properties over the years and they continue to impress and deliver. No matter the situation, I always know the Vantage team will meet or exceed my expectations.”

Walsh added, "It is always a good feeling to be able to deliver for your seller, and in this situation, it was an absolute pleasure. Aran and I reviewed many promising offers for this shopping center, in the end we aided our client in coming to a solution that was the right fit."

About Vantage Commercial: Headquartered in Cherry Hill, NJ, and Philadelphia, Pa, Vantage Commercial is a full-service commercial real estate brokerage and advisory firm serving New Jersey, Philadelphia and Eastern Pennsylvania. Vantage Commercial specializes in all aspects of commercial real estate including: Landlord Representation, Tenant Representation, Healthcare Real Estate Services, Investment Sales and Acquisitions, Multi-Family Sales and Acquisitions, Business Brokerage, Land Sales, Land Development, Property Management, Property Valuations and Advisory. Vantage Commercial is guided by the core belief that in order to achieve success, we must think like a client but perform like a partner. We have the optimal team in place to service any commercial real estate project and we work hard to achieve our client’s goals. Each member of the Vantage Commercial team brings a unique background and perspective to the market. Combined, we have tremendous, unmatched experience that shows in our success in the CRE market in New Jersey and Pennsylvania.

To learn more about our team, services, or to contact us, please visit www.VantageRES.com.

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