Markeim Chalmers, Inc., a leading commercial real estate, appraisals and property management firm in the Philadelphia Metropolitan Area, announces the following transaction in Pennsauken, New Jersey.

PROPERTY ADDRESS: 405 37th Street, Pennsauken, NJ

PROPERTY DESCRIPTION: 4,380 SF / 3.0 Acres Industrial Land

SALE PRICE: $1,000,000.00

SELLER: Stallion Realty, LLC

SELLER REPRESENTATIVE: Adam Dembo, Senior Associate, Markeim Chalmers

BUYER: Capital Invest Group, Inc.

BUYER REPRESENTATIVE: Adam Dembo, Senior Associate, Markeim Chalmers

NOTES:

Markeim Chalmers senior associate, Adam Dembo, represented both parties in the sales of 405 37th Street, Pennsauken, New Jersey. The buyer, a national trucking and logistics company, sought after this property specifically for its 3.0-acre secured outdoor storage area, which will be used to house the trucking fleet. The asset class of industrial buildings with outside storage capabilities is in high demand and a perfect fit for the buyer’s needs. In addition, the site offers easy access to major roadways and bridges to Philadelphia. The deal, which also included a 4,380 SF free standing building, closed on February 7, 2020 for a sale price of $1,000,000.00. For more information, contact Adam Dembo at (856) 324-5194 / adembo@markeim.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.