The Fellowship Business Center Trades for Nearly $10.7M
The deal for the 96,000-square-foot complex within the East Gate Business Park was reported by Colliers International’s Mount Laurel office, which represented the seller.
MOUNT LAUREL, NJ—The Bloom Organization has sold the five-building Fellowship Business Center here to a private investor for $10.675 million.
The deal for the 96,000-square-foot complex within the East Gate Business Park was reported by Ian Richman and Marc Isdaner of Colliers International’s Mount Laurel office, which represented the seller in the deal. The complex was 96% occupied at the time of the sale.
Colliers will retain leasing and management of the park on behalf of the new ownership.
The multi-tenanted complex of office/flex properties benefits from its location that offers access to the New Jersey Turnpike, I-295, Route 73 and Route 38 and is within a half-hour from Philadelphia.