(Read more on the industrial market.)

DELANCO, NJ-Endurance Real Estate Group has acquired 579,000 sf of industrial properties for $15.7 million, a price that translates into just more than $27 per sf. The new owner of the properties declined to identify the seller.

The acquisition involves 800 Coopertown Rd. and 2700 Burlington Ave., both warehouse facilities in this Burlington County community. The former is a 270,000-sf facility that includes a 13,000-sf built-out office component near Route 130; the latter is a 309,000-sf asset consisting of two buildings of 253,000 sf and 50,000 sf and 5,000 sf of offices with almost 1,000 feet of frontage on the Delaware River.

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