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 / email@example.com.
Markeim Chalmers’s president, Fred Berlinsky, represented the tenant in lease negotiations and execution at the former Star Group office at 220 Laurel Road within the Voorhees Town Center. The conveniently located 21,000 SF Class A building will be a part of the tenant’s continued growth. For more information contact Fred Berlinsky at (856) 324-5190 or firstname.lastname@example.org.