SOLD
NFI Industries Acquires Cherry Hill Industrial Building For $17M
1515 Burnt Mill Road
Industrial
330,000 SF
330,000 SF
Sold 162 days ago
Summary
Sale
NEW JERSEY
Industrial
330,000 sqft
NFI Industries, a Camden-based logistics firm, has acquired a 330,000-square-foot industrial building in Cherry Hill for $17 million. The property, located at 1515 Burnt Mill Road near I-295, was sold by Burnt Mill Group LLC. Built in 1960, the Class B building was previously leased to Devereux Advanced Behavioral Health New Jersey.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $17,000,000
- SF: 330,000
- PPSF: $52
- Market: Cherry Hill
Sidney Brown of NFI Industries represented the buyer in the transaction.
Details
SOLD
IMAGE: Sidney Brown
DATE: 11/27/2023
ADDRESS: 1515 Burnt Mill Road
MARKET: Cherry Hill
ASSET TYPE: Industrial
BUYER: NFI Industries (@LlifeatNFI) - Sidney Brown
SELLER: Burnt Mill Group LLC
SALE PRICE: $17,000,000
SF: 330,000 ~ PPSF: $52
NOTE: Camden-based logistics firm NFI Industries purchased a 330,000-square-foot industrial building in Cherry Hill for $17 million from Burnt Mill Group LLC. The Class B property, built in 1960, is located near I-295 and was previously leased to Devereux Advanced Behavioral Health New Jersey.View on map
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Address1515 Burnt Mill Road
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