Industrial Acquisition Loan Secured For Cherry Hill & Blackwood Properties At $40M

The Cherry Hill Commerce Center at 1951 Old Cuthbert Road and The Village of Pine Run at 1001 Lower Landing Road, located in Cherry Hill and Blackwood, are industrial properties with a total square footage of 372,000. The properties are owned by Dov Hertz, Aaron Malitzky, and Ariel Tambor under DHPH, with a recent acquisition loan of $40,000,000 secured by Adam Gibbons from GID.

The key individuals and companies involved in the transaction include Adam Gibbons from GID as the lender, and the property owners represented by the brokers Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Michael Ianno, and Stanley Cayre from Walker & Dunlop who facilitated the acquisition loan deal.