DELANCO, NJ-First Industrial Realty Trust has sold its 51,300-sf office building at 700 Creek Rd. here. The building was listed at $5.5 million, which equals out to slightly more than $100 per sf.

The buyer is a New York City investment firm whose name was not disclosed. The building currently serves as the corporate headquarters of Jevic Transportation. Jevic recently signed a 20-year lease on the building.

First Industrial was represented by Joe Sklencar Sr., a SVP of Grubb & Ellis Co. and a member of the company’s private capital investment group.

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