Investor Buys Fully Leased Office Property Near Philadelphia for $11.05 Million

Pennmark Properties has sold the 83,216-square-foot Mount Laurel Office Center in Mount Laurel, New Jersey, for $11.05 million, or about $133 per square foot.

The buildings at 530, 532 and 534 Fellowship Road are fully leased to six tenants and is anchored by the various uses of the United States Government’s General Services Administration.

Built in 1984, the property has visibility from Route 73 and access to many of the area’s primary thoroughfares, including Routes 38 and 70, Interstate 295 and The New Jersey Turnpike.

*Article courtesy of CoStar News

For more information about Mount Laurel office space for sale or lease in Mount Laurel or about any other Mount Laurel properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Mount Laurel commercial real estate broker that provides a full range of Mount Laurel commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  Mount Laurel commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of Mount Laurel commercial properties for lease or sale through our Mount Laurel commercial real estate brokerage firm.