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Vantage Commercial Facilitates Sale of +/- 43,000 SF Industrial Building in Cherry Hill, NJ

Posted on November 20, 2024

Vantage Commercial is proud to announce the successful sale of a +/- 43,000-square-foot industrial building located at 1930 Olney Avenue in Cherry Hill, NJ. Leor Hemo, President and Chief Executive of Vantage Commercial, and Emily Stein, Managing Director, represented the seller, Vandalay and Company, LLC, in this notable transaction. The buyer, represented by Sean Kelly of KBC Advisors, plans to restore the property to its original purpose as an industrial facility.

This sale underscores the continued strong demand for industrial real estate in Cherry Hill, driven by the property’s strategic location with excellent access to key transportation routes and nearby amenities.

“This transaction highlights the vibrancy of Cherry Hill’s commercial real estate market,” said Leor Hemo. “We are thrilled to have facilitated the sale of this unique industrial asset. The process was seamless and collaborative, thanks to the professionalism of all parties involved. We’re proud to have delivered a successful outcome for our client while collaborating with a buyer dedicated to optimizing the property’s industrial potential.”

Saul and Jeff Freedman of Vandalay and Company shared their satisfaction with the outcome, saying, “Vantage Commercial exceeded our expectations in every way. They secured a sale price for our corporate headquarters that far surpassed our initial projections. The team’s exceptional communication, efficiency, and dedication to helping us find a new location perfectly suited to our needs were invaluable. We couldn’t be more pleased with their service and professionalism.”

This transaction reinforces Vantage Commercial’s reputation for delivering superior results and fostering impactful connections in South Jersey’s competitive commercial real estate market.

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