Industrial Building 600Delran Parkway, Delran, NJ

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MOUNT LAUREL, NJ – CBRE has arranged the sale of theseven-building, Southern New Jersey infill portfolio, on behalf ofthe seller, Foxfield Industrial.

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The portfolio totals 553,548 square feet and is currently 88.7%leased to various warehouse and distribution tenants, includingFood Sciences Inc., Carnegie Pharmaceuticals LLC and The JewelryGroup Inc.

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The seven-asset portfolio consists of 600 and 601 Delran Parkwayin Delran, New Jersey, 820 East Gate Drive and 116 Gaither Drive inMouth Laurel, New Jersey, and 603 Heron Drive, 614 Heron Drive and1 Killdeer Court in Swedesboro, New Jersey.

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Each property within the portfolio is located within 1.5 milesof Interstate 295, the New Jersey Turnpike or US Route 130.

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CBRE National Partners' Michael Hines, Brad Ruppel, BrianFiumara and Lauren Dawicki spearheaded the portfolio's marketingcampaign and negotiatied the sale, on behalf of FoxfieldIndustrial.

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Foxfield Industrial is a joint-venture between Novaya RealEstate Ventures and Foxfield Ventures. The real estate operatingcompany specializes in acquiring and operating industrialproperties throughout the Mid-Atlantic and the Southeast US.

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CBRE Group Inc., headquartered in Los Angeles, is a commercialreal estate services and investment firm. The Fortune 500 andS&P 500 company currently employs more than 100,000 employeesthroughout more than 530 offices worldwide.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.