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440 Benigno Boulevard

Camber Real Estate Partners Acquires Two Industrial Buildings In Bellmawr For $12.6M
SOLDIndustrial

Camber Real Estate Partners Acquires Two Industrial Buildings In Bellmawr For $12.6M

440 Benigno Boulevard

$12,600,000

$128/SF

Building Size

98,000 SF

Asset Type

Industrial

Closing

Jun 26, 2025

AI

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:

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.

Players

Ian Richman

Colliers

Broker

$224.2M

vol

8 deals

Broker
Colliers
ColliersBrokerage
Adir Levitas

Adir Levitas

Faropoint

Seller

$1.2B

vol

19 deals

Seller
Faropoint
FaropointSeller

Bellmawr Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.26%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93