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Alliance HP Welcomes VoiceComm & Scrub Daddy to 175 DeRousse Avenue

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Pennsauken ‘Last Mile’ Redevelopment Secures Tenants as Construction Wraps Up

PENNSAUKEN, NEW JERSEY, March 31, 2022 – Colliers, on behalf of client Alliance HP, is pleased to announce two lease transactions at 175 DeRousse Avenue in Pennsauken, New Jersey.  These two deals bring Alliance’s 172,074 square foot building to full occupancy, completing the transformation of a dilapidated manufacturing facilty to a modern warehouse and distribution center.  The transactions were facilitated by Ian Richman and Marc Isdaner of the Colliers Mount Laurel office.

VoiceComm, a premier distributor to the smartphone, tablet and mobile device industry throughout North America will occupy 110,796 square feet. Scrub Daddy, America's Favorite Sponge® Company, will occupy the remaining 61,278 square feet.

“We are thrilled to complete these two leases and bring the building to full occupancy before the construction was even completed,” stated Ian Richman, of the leasing team.  “We are not, however, surprised of the result given the strength of the market and current imbalance of supply and demand and the building’s excellent location in Pennsauken.”

Watch a timelapse of the redevelopment:

https://share.earthcam.net/AllianceHP/175_derousse_ave_pennsauken_township,_nj/175_derousse/view_1/timelapse

 

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About Colliers International
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.

About Alliance | HSP
­Alliance Partners HP, LLC (“Alliance”) is a vertically integrated commercial real estate investment firm. Alliance acquires, develops, repositions, leases, and manages a diverse range of assets, with a primary focus on industrial and office properties in the Greater Philadelphia and South Florida markets. Website: https://www.alliancehp.com/

 

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Related Experts

Marc Isdaner

Senior Managing Director

Mount Laurel

Marc specializes in the leasing and sale/acquisition of commercial and industrial properties in Southern New Jersey, including landlord and tenant representation. Marc manages the Colliers Mount Laurel office and is a partner of the firm. 

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Ian Richman

Senior Managing Director | Southern New Jersey

Mount Laurel

Ian joined Colliers International’s industrial division in 2006. He specializes in the leasing and sale/acquisition of commercial and industrial properties in Southern New Jersey. He is especially adept at developing acquisition strategies and assisting with debt placement options for buyers that require financing. Ian has much success in the sale of industrial properties by utilizing his background in finance to assist buyers in finding and then financing an acquisition.

Prior to joining Colliers, Ian worked in Commerce Bank’s Commercial Lending  Division where he was responsible for performing financial analysis for the  bank’s commercial loan portfolio.
 

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