"The transaction was arranged by Mark Donnelly of our firm,"says Ray Smith, president of Stafford Smith Realty of Shrewsbury,NJ. "He acted as sole broker in the transaction. We successfullyassisted the buyer, Olivia, Vincent, in completing a 1031exchange."
The asset, located in South Jersey's Atlantic County betweenAtlantic City and Ocean City, has the US Drug EnforcementAdministration as its major tenant, occupying 6,600 sf. A total ofnearly 17,000 sf is occupied by four local law firms: Petro CohenPetro; O'Brien, Belland & Bushinsky; Weiss & Paarz; andMcAllister Hyberg.
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