October 18, 2016 [Mount Laurel, NJ] – Colliers International in Southern New Jersey concluded the sale of a 16,000-square-foot industrial building located at 269 Jessup Road in West Deptford, NJ. The single-tenant building was sold by CCJ Sanctuary, LLC and purchased by Jessup 269, LLC. The building will be used as a collision center exclusively for rental cars from one of the national companies located at Philadelphia International Airport. The sale price was $741,000.
The property features four loading docks, one drive-in door, heavy electric service and expandability on a one-acre lot. The property’s proximity to Philadelphia was the main attraction for the buyer.
Ian Richman of Colliers International was the sole broker in this transaction.