Wharton Industrial Secures $8.75M Acquisition Loan For Industrial Properties In Maple Shade And Cherry Hill, NJ

Three industrial properties located in Maple Shade and Cherry Hill, NJ have been involved in a recent closed transaction. The properties, situated at 65-67 Old Kings Hwy, 77 Old Kings Hwy, and 2091 Springdale Rd, boast a combined square footage of 128,561. The landlord of these properties is Wharton Industrial, represented by Peter Lewis.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 65-67 Old Kings Hwy, 77 Old Kings Hwy, and 2091 Springdale Rd
• Market: Maple Shade & Cherry Hill, NJ
• Landlord: Wharton Industrial - Peter Lewis

JLL Capital Markets represented the seller in this acquisition deal. Their team, consisting of Michael Klein, Steven Klein, Michael Pagniucci, and Ryan Carroll, worked diligently to secure the transaction. Metropolitan Commercial Bank provided the financing for this deal, offering a five-year acquisition loan valued at $8,750,000.