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Camber Real Estate Partners And Invesco Real Estate Acquire Industrial Portfolio In Burlington County

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SOLD

New Jersey

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Industrial768,670 SF
Sold 01/27/2025
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SOLD

Camber Real Estate Partners And Invesco Real Estate Acquire Industrial Portfolio In Burlington County

6 Berry Drive & 110 Mount Holly Bypass

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Industrial768,670 SF
Sold 01/27/2025
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:768,670 SF
Transaction Type:Sale

A five-building industrial portfolio located at 6 Berry Drive, 110, 120, 130 & 140 Mount Holly Bypass, has been acquired by Camber Real Estate Partners in partnership with Invesco Real Estate. The total square footage of the portfolio is 384,335, situated in the Hainesport & Lumberton market. The properties are designed with modern industrial features including 30+-foot-clear ceilings, addressing the demand for last-mile logistics in a rapidly growing region near the NJ Turnpike Exit 5 logistics corridor.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 6 Berry Drive, 110, 120, 130 & 140 Mount Holly Bypass
  • Market: Hainesport & Lumberton
  • Asset Size: 384,335 SF
  • Buyer: Chris Bellapianta & Kevin Interlicchio - Camber Real Estate Partners; Darren Xu & R. Scott Dennis - Invesco Real Estate
  • Broker: Brad Ruppel, Joe Hill & Michael Hines - CBRE

The acquisition highlights the collaborative efforts between Camber Real Estate Partners and Invesco Real Estate in securing this portfolio, driven by strategic interests in high-demand logistics spaces. The broker team from CBRE facilitated the transaction, bringing expertise in the local industrial market to the process.

Players

Brad Ruppel
13 deals$913.1M volume
BROKER

Michael Hines
CBRE
14 deals$1B volume
BROKER

Joe Hill
CBRE
9 deals$596.3M volume
BROKER

Details

SOLD
IMAGE: Chris Bellapianta, Kevin Interlicchio, Darren Xu, R. Scott Dennis, Brad Ruppel, Joe Hill & Michael Hines DATE: 01/27/2025 ADDRESS: 6 Berry Drive, 110, 120, 130 & 140 Mount Holly Bypass MARKET: Hainesport & Lumberton ASSET TYPE: Industrial ~ SF: 384,335 BUYER: Chris Bellapianta & Kevin Interlicchio - Camber Real Estate Partners; Darren Xu & R. Scott Dennis - Invesco Real Estate (@Invescous) BROKERS: Brad Ruppel, Joe Hill & Michael Hines - CBRE (@CBRE) NOTE: Camber Real Estate Partners, in partnership with Invesco Real Estate, acquired a five-building, 384,335-square-foot industrial portfolio in Burlington County, NJ, for its proximity to the NJ Turnpike Exit 5 logistics corridor. The properties feature modern industrial spaces with 30+-foot-clear ceilings and cater to last-mile logistics demand in a high-growth region.

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