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1515 Burnt Mill Road
SOLD

NFI Industries Acquires Cherry Hill Industrial Building For $17M

1515 Burnt Mill Road

Industrial
330,000 SF
clock iconSold 234 days ago
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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

Deal Summary
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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.

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Address1515 Burnt Mill Road

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