Camber Real Estate Partners has acquired two industrial buildings located at 420 & 440 Benigno Boulevard in Bellmawr, NJ. The transaction was finalized for a total of $12.6 million, with the properties encompassing 98,000 square feet. The price per square foot is calculated at $129.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,600,000
• Buyer: Christopher M. Bellapianta - Camber Real Estate Partners
• Seller: Adir Levitas - Faropoint
• Brokers: Ian Richman, Marc Isdaner & Ross Abramsohn - Colliers
• Square Footage: 98,000
• Price Per Square Foot: $129

The buyer, Camber Real Estate Partners, plans a multimillion-dollar renovation aimed at converting the acquired properties back into multi-tenant layouts. Leasing initiatives are set to proceed through Colliers, who represented the brokerage in this transaction.