F.W. Webb Acquires Industrial Property From Faropoint For $6.4M In Somerdale, NJ

An industrial building located at 900 Kennedy Boulevard in Somerdale, NJ was sold for a total of $6,400,000. The property encompasses 44,055 square feet, translating to a price per square foot of $145.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,400,000
• Buyer: Jeff Pope - F.W. Webb
• Seller: Adir Levitas - Faropoint
• Broker Representatives: Scott Mertz & Jonathan Klear - NAI Mertz

This transaction reflects the brokerage efforts of Scott Mertz and Jonathan Klear, who represented the buyer and seller, respectively. The deal highlights the activity within the industrial market in Somerdale, facilitating a successful exchange for both parties involved.