Sale of 38,928+/- SF Industrial Property, West Berlin, NJ
Sale of 38,928 +/- SF Industrial Property, West Berlin, NJ
Property Type: Industrial
Site Size: 38,928 +/- SF
Buyer: 700 Cooper Road, LLC
Seller: GW Investors, LLC
Brokers: Brett Davidoff, Senior Vice President
Senior Vice President Brett Davidoff of Rose Commercial Real Estate represented the buyer in the purchase of 400 Cooper Road in West Berlin, New Jersey. Located at the intersection of Cooper Road and East Taunton Avenue, the single-story 38,928 square foot industrial property sits on 5.73 acres. The buyer, 400 Cooper Road LLC, had been renting another industrial building for years and took advantage of low interest rates to purchase the property. Its eight (8) drive-in doors, 22-28 foot ceilings and ample parking support the new owner’s current needs as well as makes the site a viable investment for the future. The sale closed at the end of April for $2,590,000.