HADDON TOWNSHIP, NJ—CBRE hasbrokered the $2.975 million sale of the Wells FargoBuilding at 600 W. Cuthbert Blvd. inHaddon Township, NJ.


Jim Pasquarella and BillTourtellotte of CBRE represented theseller, National Financial Realty - East Coast Portfolio,LLC.


“The seller was pleased to accomplish this sale in conjunctionwith their broader portfolio disposition objectives,” saysTourtellotte, senior vice president inCBRE'sPhiladelphia office. “This local property was part of a broader 14property Wells Fargo occupied east coastdispo-


sition assignment, which we are concluding. The buyer was aprivate investor who we uncovered, who is new to commercial realestate. He was motivated to make a deal and now plans to upgradethe property and increase occupancy.”


600 W. Cuthbert is a 75,937 sq. ft. officebuilding constructed in in two phases. A two story bank branch wascompleted in 1965, and the 6 story attached office building wascompleted in 1976. Wells Fargo is its sole tenant.They vacated the two-story bank branch portion of the property in2012, which is now available for lease.

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].