(To read more on the industrial market, click here.)

PENNSAUKEN, NJ-In a direct user-to-user sale, Allstate BusinessArchives LLC has acquired the 118,000-sf industrial building at7800 Browning Rd. in this South Jersey community. The seller wasAllied Beverage, which has relocated its regional distributionfacility to Mt. Laurel, NJ.

The transaction was arranged by Jim Young of the Philadelphiaoffice of Grubb & Ellis. Sale price and other terms of the dealwere not disclosed. Allstate Business Archives, based in Paterson,NJ, is a records management and media vaulting company. The sitewill be utilized for document storage.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.