PENNSAUKEN, NEW JERSEY, August 30, 2021 – Colliers is pleased to announce the recent sale of 6950 Sherman Lane in Pennsauken. The transaction was facilitated by Ian Richman and Marc Isdaner, who represented the Buyer in the sale.
The Buyer, BakeDeco/Kerekes, a distributor of restaurant supplies and equipment based in Brooklyn, New York, will occupy building, which is 71,280 sf with 4,558 sf of office space, 24' clear ceilings and 9 loading docks. “This is a terrific building for our client and affords them the opportuity to accommodate their growth. We are in the midst of an unprecendented imbalance of supply and demand and to find an asset like this in this environment, we are thrilled with the outcome for BakeDeco” says Ian Richman.
The building was formerly occupied by Boomerang Office Furniture. The Seller was represented by Marc Policarpo of Westfield Real Estate.
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