A California real estate company has paid $107.74 million, or $201 a square foot, for a pair of industrial buildings in South Jersey. Watson Land Co. bought a 283,040-square-foot building at 100 Huff Lane, and a 252,750-square-foot building at 191 Harmony Road, enters South Jersey with the purchase, and expands its East Coast presence. The… Read more »
Posts Tagged: Industrial Buildings
Wharton Equity buys 6 more industrial buildings in South Jersey
Wharton Equity Partners has picked up six more industrial properties totaling 283,400 square feet in South Jersey, growing its presence in the market to a total of 1.3 million square feet. Wharton bought the properties in Cherry Hill and Pennsauken in two separate transactions. The deals highlight Wharton’s focus on buying smaller buildings as well… Read more »
Three-Building South Jersey Industrial Portfolio Sells for Estimated $48M
Whitesell Co. has unloaded more properties from its vast holdings, selling three industrial buildings in South Jersey for an estimated $48 million. High Street Logistics bought the three industrial buildings totaling 401,827 square feet that were fully occupied at the time of sale. Though the sale price couldn’t be confirmed, market sources said that it… Read more »