HAMMONTON, NJ-Earlier this week, the Shulton division’s 640,000-sf former manufacturing/warehouse property in Clifton, NJ met the wrecker’s ball after its sale by parent American Home Products Corp. New property owner Town & Country Developers is building a mid-priced gated residential community on the site (see earlier story).

Now, AHPC has shed two pharmaceutical manufacturing facilities in this South Jersey city. The Whitehall-Robins division had used the two buildings, which total some 466,800 sf, to make and distribute over-the-counter medications. The Garibaldi Group, Chatham, NJ, represented AHPC in both of the dispositions.GMH Realty represented the new owner of the South Jersey properties, Preferred Real Estate Investments of Conshohocken, PA. Preferred is repositioning the holdings, which occupy more than 80 acres, for multi-tenant use.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


© 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.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.