Danny Lahave's Top Terraces Acquires Mount Laurel Industrial Asset For $51M

The property asset involved in this transaction consists of multiple industrial buildings located at 750, 760, 770, 780, and 790 Centerton Road in Mount Laurel. The sale price for the entire portfolio is $51,000,000, encompassing a total square footage of 400,000, which equates to a price per square foot of $128.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $51,000,000
• Square Footage: 400,000
• Price per Square Foot: $128
• Buyer: Danny Lahave - Top Terraces
• Seller: Regal Ventures - Joey Cohen & Alex Smith
• Broker: Randy Blankstein - The Boulder Group

This transaction was facilitated by Randy Blankstein representing The Boulder Group, who acted as the broker in the sale, connecting the buyer, Danny Lahave, with the seller, Regal Ventures, represented by Joey Cohen and Alex Smith.