Rose commercial property The company announced that it has agreed to sell three offices in South Jersey for a total of $ 2.3 million.
The largest deal was the $ 900,000 sale of 6,205 square feet property on 413 Route 70 in Cherry Hill, which was sold by 413 Partners LLC to Manler LLC. The purchasing law firm, which is relocating from Philadelphia, will occupy the second floor of the home, while the seller’s insurance company Katz Pierz Insurance will remain a tenant on the first floor.
Adam Rose, President of Rose Commercial, represented the seller and Jason Kramer from Binswanger represented the buyer.
The second deal involved the sale for $ 800,000 of a 10,000 square foot office and warehouse property at 3081 Route 73 S. in Maple Shade, which was sold to Shade Point LLC to 3081 Route 73 LLC. The buyer will use the building as a new home for Wilkinson Construction Inc., occupying approximately half of the available space, with the remainder being leased out.
Rose represented both parties to the transaction.
The third deal involved a $ 600,000 sale of a 4,000-square-foot medical office at 1055 Haddon Ave. in Collingswood, which Catherine Mulcarney sold to PMAK5 LLC. Ophthalmologist Dr. Michael Kresloff will open a new office for Kresloff Eye Associates there in the fourth quarter.
Rose represented the buyer and Joe Riggs from NAI Mertz represented the seller.