(Read more on the industrial market.)
MT. LAUREL, NJ-Making its first investment deal in the DelawareValley region, Exeter Property Group has acquired the 70,000-sf W/Dfacility at 804 East Gate Dr. within the East Gate Corporate Centerhere. The sale price of $3.7 million factors out to approximately$53 per sf.
The deal was arranged by Richard F. Smith Jr., a principal ofAvir Realty Group, Ft. Washington, PA. Smith represented sellerFive Point Plaza Associates, a locally based private real estateinvestment partnership.
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