Jared Feldman Of First National Realty Partners Acquires Winslow Plaza In Sicklerville For $8.5M

The property involved in the transaction is a fully leased retail strip mall located at 542 Berlin Cross Keys Road, Sicklerville, NJ. The sale was finalized for $8,500,000, encompassing 40,700 square feet, resulting in a price per square foot of $209.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,500,000
• Buyer: Jared Feldman - First National Realty Partners
• Seller: Andrew Franklin - Wheeler Real Estate Investment Trust
• Brokers: Colin Behr & Chris Munley - CBRE
• Average Tenure of Tenants: 13+ years

The deal reflects First National Realty Partners' acquisition of Winslow Plaza, which features long-term tenants including UPS and H&R Block. Wheeler Real Estate Investment Trust previously purchased the property for $6.6 million in 2013, marking the evolution of its ownership.