NorthBridge Partners Acquires Industrial Property In Moorestown For $23.25M

An industrial property located at 14 Sbar Blvd in Moorestown has been sold for $23,250,000. The property spans approximately 272,682 square feet, resulting in a price per square foot of $85. The transaction took place on April 23, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $23,250,000
• Address: 14 Sbar Blvd, Moorestown
• Market: Moorestown

The buyer, NorthBridge Partners, acquired the property from the seller, Piperno Family. The deal was facilitated by Gary Gabriel, Kyle Schmidt, David Bernhaut, Seth Zuidema, John Gartland, and Jonas Skovdal of Cushman & Wakefield.