Sale of Premier 19,770 SF Retail Center in Downtown Delanco, NJ

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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 / or
Kevin Burns at (856) 324-5191 /