Senior vice president Kevin Burns of Markeim Chalmers represented both parties in the sale of adjacent office buildings located at 401 & 403 Route 70in Cherry Hill, NJ. The pair of multi-tenant properties have a combined size of 35,700 +/- SF with ample parking and prominent signage. Set along a heavily traveled and highly sought after South Jersey corridor, the new local investor has plans for interior and exterior upgrades for both sites. The sale between Becca Inc. and the investor closed on July 14, 2017 for $2,380,000. For more information contact Kevin Burns at (856) 324-5191 or email@example.com.
Markeim Chalmers Senior Associate Adam Dembo represented Suckle Properties, LLC (seller) in the sale of 1395 Suckle Highway in Pennsauken, NJ. The 37,215 SF industrial building sits on 1.71 acres and was eligible for the Grow NJ Program. It was sold to 153 Suckle Highway, LLC and closed on June 19, 2017 for the sale price of $1,200,000. For more information contact Adam Dembo at (856) 324-5194 / firstname.lastname@example.org.
Markeim Chalmers senior vice president Kevin Burns coordinated the sale of 1101 Kings Highway N in Cherry Hill, NJ, representing both 1101 N Kings Highway LLC (buyer) and 1101 Associates LLC (seller). The 4-story 40,000 SF multi-tenant office building is 100% occupied and the new local private investing owner has plans to renovate the site’s common areas. The sale closed on June 30, 2017 for $2,900,000. For more information contact Kevin Burns at (856) 324-5191 or email@example.com.
Fred Berlinsky, President and Kevin Burns, Senior Vice President of Markeim Chalmers represented both parties in the sale of Camp Meeting Center, the premier downtown Delanco commercial property located at 801 Burlington Avenue in Delanco, New Jersey. Anchored by Dunkin Donuts, U.S. Post Office and 7-11 Convenience Store, the 19,770 SF retail center is 100% occupied and and was sold by Markeim within 60 days of exposure to the market. The sale between a prominent regional real estate company (seller) and a private 1031 investor (buyer) closed May 31, 2017 at a cap rate of 9%. For more information contact Fred Berlinsky at (856) 324-5190 / firstname.lastname@example.org or
Kevin Burns at (856) 324-5191 / email@example.com.
Markeim Chalmers negotiated a long term lease for Cooper University Health Care to open its first Urgent Care Center in Burlington County. The new 4,971 SF state-of-the-art facility is located within the Shoppes at Cinnaminson at 95 Route 130 in Cinnaminson, New Jersey. The site, which starts seeing patients on May 15, 2017, brings both new jobs and improved healthcare options to the South Jersey area. Adam Dembo, Markeim Chalmers Senior Associate, represented the tenant in finalizing the deal with the landlord’s in-house representative team. For more information contact Adam Dembo at (856) 324-5194 / firstname.lastname@example.org.
Markeim Chalmers negotiated a land development deal for the new 110,000 SF Senior Living Facility to be part of Washington Square Town Center in Washington Township, New Jersey. Senior Vice President, Scott Martin, represented both parties — The Wegmen Companies and The Atkins Companies — in the transaction, which finalized in April 2017. Located between Virtua Wellness Center and Kennedy Hoptial, Washington Square Town Center is a 35-acre mixed-use project featuring luxury condos and apartments, retail, restaurants and more, currently under development by The Atkins Companies, one of the largest medical office building developers in the region. The Wegmen Companies (Rochester, New York) is one of the largest developers like facilities in the country. The addition will add further jobs, services and visitors to the region. For more information contact Scott Martin at (856) 324-5195 / email@example.com.
Markeim Chalmers negotiated a long term lease for The Rothman Institute to occupy 20,000 SF of the new 40,000 SF medical office building at Washington Township Town Center in Washington Township, New Jersey. Scott Martin, Senior Vice President, exclusively represented both The Rothman Institute (the tenant) and The Atkins Companies (the developer) in finalizing the deal. Located between Virtua Wellness Center and Kennedy Hospital, the 2-story state-of-the-art building anchored by The Rothman Institute will be delivered by January 2018. It sits amid Washington Square Town Center, which is a 35-acre mixed-use project featuring luxury condos and apartments, retail, restaurants and more, currently under development by The Atkins Companies, one of the largest medical office building developers in the region. The Rothman Institute, one of the largest independent orthopedic groups in the country headquartered in Philadelphia, selected this new site after outgrowing its current nearby facility. For more information contact Scott Martin at (856) 324-5195 / firstname.lastname@example.org.
Adam Dembo, Senior Associate at Markeim Chalmers represented both the buyer (Pennsauken 9370 LLC) and seller (9370 Route 130 Properties LLC) in the sale of 9370 N. Crescent Boulevard in Pennsauken, NJ. There are no changes planned for the 14,000 SF industrial/flex space, which is home to two tenants — Worknet Occupational Medicine and Men’s Factory Outlet — both of whom will remain in place. The sale closed on January 30, 2017 for $590,000. For more information contact Adam Dembo at (856) 324-5194 / email@example.com.
Markeim Chalmers, Inc. is a full-service commercial real estate firm located in Cherry Hill, NJ, led by Fred S. Berlinsky, Esq., President. Founded in 1922, Markeim is one of the oldest and most respected firms in the area, servicing office, retail and industrial markets throughout the region. Markeim is also involved in the sale and development of commercial land, acquisitions, property management, appraisals and investments. With its focus on the Philadelphia Metropolitan Area marketplace, Markeim is proud of the experience, knowledge and connections we bring to each and every transaction along with our strong commitment to community enhancement and charitable activities.
The Markeim Chalmers team negotiated the recent sale of a 48,000 SF office building, representing both the Estate of Edna Ravikio (seller) and SFA 505 South Lenola Rd, LLC (buyer). The investment property at 505 S. Lenola Road in Moorestown, NJ is 90% occupied and the plans are for major
capital improvements. For more information contact Fred Berlinsky, Kevin Burns or Adam Dembo at Markeim Chalmers (856) 354-9700.
Initially sold by Markeim Chalmers Senior Vice President, Scott Martin, to the current seller, 1400 Route 70 LLC, back in July 2015, the Class A medical office building recently sold to Relievus, a team of doctors and professionals devoted to the art of pain management. The state-of-the-art facility is the company’s 17th location in South Jersey and was a natural fit for the multi specialty pain management practice that was looking for a building site with heavy branding opportunities. Scott Martin represented both parties in the sale that closed on December 21, 2016 for a sale price of $3,250,000. For more information contact Scott Martin at (856) 324-5195 / firstname.lastname@example.org.